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Apartments For Rent in Philadelphia, PA

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Apartments for Rent in Philadelphia, PA

Philadelphia is a large city in Pennsylvania with approximately 1.6 million residents. It's a great place to transition into adulthood, as young professionals make up a larger portion of the population here (18%) than nationally (15%). Overall, the city's population, with an average age of just under 37, is younger than most cities in Pennsylvania. Residents are fairly evenly split between owning (52%) and renting (48%) their residence despite paying significantly more in rent than the state average of $917 a month.

With an average commute time of about 36 minutes, slower than most cities in Pennsylvania, Philadelphia residents have found that traveling to work takes some patience. Many residents (25%) commute to work by car, while public transportation is used by just 11% of the population. Not many residents (3%) walk to work, though the number exceeds the national average.

Compared to the national average, Philadelphia has a relatively large concentration of residents older than 25 with a high school degree or equivalent (23%). Additionally, 18% have earned a Bachelor's, Master's, Professional, or Doctoral degree. Many Philadelphia residents work in one of two industries: healthcare and retail. Together, these industries make up 14% of the city's workforce. Meanwhile, looking at job function, many of the city's residents work in sales, as 6% of the city's population reports this as their field of work, the highest number of any field. Philadelphia workers take home an average annual income of just over $57K, about $6,000 less than their peers elsewhere in the state. The city's average income also trails the national average of $73,345.