Owner Occupancy

Owner-occupancy rate is high


 

53%

owner-occupied homes

 

 

Owner-occupied homes lead to greater

stability and greater involvement


by the residents to improve and sustain

the quality
and vitality of the

neighborhood.

 

 

 

More than 50% of homeowners have purchased their homes since 2000, creating an increasingly educated and affluent, yet younger customer base—in other words, folks who have money and like to spend it! The trend is increased owner-occupancy, leading to more long-term residents who have a vested interest in the community and more customers with whom you will have an opportunity to forge lasting business relationships.

 

 

 

 

 

 

 

Sources
United States Census Bureau: 2010 Summary File 2: 100%
Center City District: State of Center City 2012
Philadelphia Magazine: Hottest Philadelphia City Neighborhoods
Plan Philly: South by Southwest: How Center City's relentless expansion remade a historic neighborhood