County profile
Philadelphia, PA
United States · GDP 2024
#40 of 3,127 US counties by GDP56th-percentile growthmore diversified than 65% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$135.0B
BEA · 2024
GDP growth (YoY)
+4.9%
BEA · 2024
Jobs tracked
699,212
Census CBP · 2023
Employers
29,460
Census CBP · 2023
Avg. wage
$80.7k
BLS QCEW · 2023
Population
1,574,281
Census PEP · 2025
Labor, income & education
Unemployment
4.9%
Median HH income
$62.0k±$919
Bachelor's degree+
35.4%±0.5%
Poverty rate
21.4%±0.7%
Business applications
31,924 · 2025
Retail establishments
4,251
27.0/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Comcast CorporationCommunication Services$123.7B86A2AramarkIndustrials$18.5B64C3Urban Outfitters, Inc.Consumer Cyclical$6.2B73B4Axalta Coating Systems Ltd.Basic Materials$5.1B77B+5Five Below, Inc.Consumer Cyclical$4.8B74B6FMC CorporationBasic Materials$3.5B65B7Carpenter Technology CorporationBasic Materials$2.9B84B+8Enviri CorporationIndustrials$1.3B——9Independence Realty Trust, Inc.Real Estate$657.7M66B10Brandywine Realty TrustReal Estate$484.5M36D11Cohen & Company Inc.Financial Services$275.6M73B12Century Therapeutics, Inc.Healthcare$109.2M48D13WhiteHawk Minerals CorpEnergy$73.2M——14Pardee Resources CompanyEnergy$46.9M73B15Carisma Therapeutics, Inc.Healthcare$19.6M——16Ocean Thermal Energy CorporationUtilities$3.0M20D17Montague International Holding Ltd.Industrials$494.2k——18BTC Development Corp.Financial Services$0——19Welsis Corp.Healthcare$020D20Art Technology Acquisition Corp.Financial Services$0——21Osprey Acquisition Corp. IIIFinancial Services———22Abrdn Income Credit Strategies FundFinancial Services———23Pennexx Foods, Inc.Technology———24Passage Bio, Inc.Healthcare———25Cabaletta Bio, Inc.Healthcare———HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Health care40%
Education18%
Professional services13%
Food & accommodation12%
Retail trade11%
Management6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
1,574,281
residents · 2025 · -1.7% since 2020
Income per capita $61.2k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−103,517
International migration+57,812
Natural change+17,644
GDP trend
2019–2024 · nominal
$112.4B2019
$107.4B2020
$114.1B2021
$122.1B2022
$128.7B2023
$135.0B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$243.1k±$2.6k
Median gross rent
$1.4k/mo±$14/mo
Vacancy rate
9.2%±0.4%
Affordability
3.0× wages
Residential permits
$541.5M
3,366 units · 2.1/1k pop
FEMA risk score
99.6
HUD Fair Market Rent (2BR):$1.8k/mo · 2026
TOP PERILS · FEMA NRI
Heat wave 100Cold wave 100Winter weather 100
FHFA HOUSE PRICE INDEX · 2016–2025
6552016
7032017
7502018
7902019
8262020
8942021
9712022
9852023
10212024
10592025
RESIDENTIAL PERMITS · 2021–2025
↓ -87% since 202125,2572021
3,2232022
3,8632023
2,9622024
3,3662025
Transport access
BTS · FAA · USACE
Nearest interstate
3.8 km
I-95
Nearest freight rail
0.3 km
AMTK
Nearest port
4.3 km
CONSOLIDATED RAIL CORP PIER B PORT RICHMOND
Nearest commercial airport
17.5 km
PHILADELPHIA INTL
Waterborne tonnage, host port(s) (CY2023):31,131,961 short tons/yr · Philadelphia Regional Port, PA
Filing activity
SEC EDGAR66 filings from 20 companies here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$80.7k
avg. annual pay · +17% since 2019
Similar US counties
nearest by GDPThe read
What is the GDP of Philadelphia?
Philadelphia's economy produced $135.0B in 2024, growing 4.9% year over year — about the middle of the pack among US counties. Its largest employment sector is health care.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.