What Is The Wealthiest Suburb Of Philadelphia?

Chestnut Hill.
The most affluent neighborhood in Philadelphia is undoubtedly Chestnut Hill. This suburb has the highest cost of living in the area and median prices for single family homes have risen by three percent over the last year to an average of $492,900.

What is the richest suburbs of Philadelphia?

Most Expensive Philadelphia Neighborhoods in 2022

  • Rittenhouse Square. Rittenhouse Square is often considered one of the most sought after and most affluent neighborhoods in Philadelphia, and for good reason.
  • Chestnut Hill.
  • Society Hill.
  • Old City.
  • Queen Village.
  • Washington Square West.
  • Graduate Hospital.
  • Northern Liberties.

What is the best suburb of Philadelphia?

Best Suburbs of Philadelphia

  • Ardmore.
  • Conshohocken.
  • Exton.
  • King of Prussia.
  • Phoenixville.
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Where is the best part of Philadelphia to live?

26 Best Neighborhoods in Philadelphia 2021

  1. Old City. Stroll the cobblestone streets of Old City and step back into 18th-century charm.
  2. University City.
  3. Chestnut Hill.
  4. Bella Vista.
  5. Center City.
  6. Queen Village.
  7. Society Hill.
  8. Fairmount.

Where is the financial district in Philadelphia?

Center City
Philadelphia’s Financial District is in the heart of Center City and comprised of several blocks between Broad and 18th streets and Market and Walnut streets. The Financial District is home to some of the largest businesses in the City of Brotherly Love.

What is the richest part of Pennsylvania?

Fox Chapel Borough, Pennsylvania is being credited as the richest town in the Keystone State. Stacker.com compiled a list of the richest towns in all 50 U.S. states, which lists Fox Chapel Borough as having a median household income of $205,987 (199.8% more than the U.S. median income).

What is the most expensive place to live in PA?

As of 2020, State College is the most expensive area to live in Pennsylvania. Home to the main campus of Pennsylvania State University, this rural borough’s identity, economy, and history are closely tied to the school.

What is the safest place to live in Philadelphia?

These Are The 10 Safest Neighborhoods in Philadelphia

  • Chestnut Hill.
  • Fairmount-Spring Garden.
  • East Falls.
  • Roxborough.
  • Manayunk.
  • Mount Airy.
  • Bustleton.
  • Somerton.

Where should I not live in Philadelphia?

The most dangerous areas of Philadelphia you should avoid include:

  • Tioga-Nicetown.
  • Alleghany West.
  • North Central Philadelphia.
  • Strawberry Mansion.
  • Harrowgate.

Where is the Main Line in Philly?

Today, the “Main Line” is another name for the western suburbs of Philadelphia along Lancaster Avenue (U.S. Route 30) and the former main line of the Pennsylvania Railroad and extending from the city limits to, traditionally, Bryn Mawr and ultimately Paoli, an area of about 200 square miles (520 km2).

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Are there any nice parts of Philadelphia?

Philadelphia’s Rittenhouse Square is a popular and upscale neighborhood in the city. The green large square is surrounded by mostly residential buildings and the park is bisected by walking paths, benches, and art.

Is Fishtown a good place to live?

Named as one of the best Philly neighborhoods for young professionals, Fishtown also has the distinction of being one of the safest in the city. In fact, it has been named one of the top 10 safest Philadelphia neighborhoods, thanks to its low number of violent, property, and total crimes per person.

Is Northeast Philly a good area?

Proximity to center city, cuisine from around the world, family-friendly activities, affordability, and many other benefits of NE Philly, are making the Northeast increasingly desirable. Somerton – Somerton on StreetAdvisor.com Median home value $231,000 (per niche.com).

Where do millionaires live in Pennsylvania?

Many of the top richest places in Pennsylvania are suburbs of Pittsburgh, located in Allegheny County, and the suburbs of Harrisburg, which include Cumberland and Dauphin counties.

Is Philadelphia a wealthy city?

With a poverty rate of 23.3% in 2019 — slightly higher than it was in 2000 — Philadelphia is saddled with the ignoble distinction of being the poorest big city in America.

What is the fastest growing city in Pennsylvania?

A decade later, in the wake of the pandemic, the U.S. is in a similar position.

  • #8. Wilkes-Barre.
  • #7. Colonial Park.
  • #6. Breinigsville.
  • #5. King of Prussia.
  • #4. Hazleton.
  • #3. Reading.
  • #2. Allentown. – 2010 to 2020 population change: +9,447.
  • #1. Philadelphia. – 2010 to 2020 population change: +98,847.
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What is the most expensive zip code in Pennsylvania?

19085 Villanova
The Most Expensive Zip Codes in Pennsylvania – Philadelphia Main Line in the Lead

# Zip code Location
1 19085 Villanova
2 19035 Gladwyne
3 19066 Merion Station
4 19041 Haverford

Is the cost of living high in Pennsylvania?

Living in Pennsylvania is less expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 2.5% less than they do on average nationwide. Compared with all other states, Pennsylvania has the 20th highest overall cost of living.

What’s the most expensive ZIP code in America?

94027
For the fifth straight year, Atherton, California’s 94027 has kept the title of most expensive ZIP code in the United States.

What should I avoid in Philadelphia?

Dangerous neighborhoods in Philadelphia

  • Tioga-Nicetown.
  • Allegheny West.
  • Strawberry mansion.
  • Hunting park.
  • North central.
  • Fairhill.
  • Harrowgate.
  • Haddington – Carroll Park.

How much do you need to live comfortably in Philadelphia?

If you follow the 50-30-20 budgeting rule to the T, listen closely: You need to earn just under $60,000 a year to live comfortably in Philadelphia. That’s according to a new analysis by Go Banking Rate, which found that you need to make exactly $59,384 to be able to live in Philadelphia.