Median Household Income

Household income is higher than citywide average


 

Median household income is

$54k

 

 

Median household income is 33% higher

in Southwest Center City than Philadelphia’s

median income. This means more

discretionary income
and a desire for

higher-quality products and services
.

 

 

 

Even if incomes continue to rise at a more modest growth rate in the future, Southwest Center City residents will continue to enjoy increased aggregate spending power as mid- to high-end infill development continues. With the near exponential growth in median household income from 2000 to 2010, Southwest Center City’s household income has eclipsed that of Greater Center City, as defined by Center City District.

 

 

 

 

 

Sources
United States Census Bureau: American Community Survey 2010 5-year estimates
Center City District: State of Center City 2012