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As of 2021, the Philadelphia metropolitan area was estimated to produce a gross metropolitan product (GMP) of US$479 billion, [2] an increase from the $445 billion calculated by the Bureau of Economic Analysis for 2017, [3] representing the ninth largest U.S. metropolitan economy. Philadelphia was rated by the GaWC as a 'Beta' city in its 2016 ...
The arena would be located in Center City on the site of Fashion District Philadelphia near the Market–Frankford Line and Jefferson Station. 76 Place is expected to be privately funded at a cost of $1.3 billion by 76ers managing entity Harris Blitzer Sports & Entertainment (HBSE), with real estate developer and HBSE limited partner David ...
In the United States, subsidized housing is administered by federal, state and local agencies to provide subsidized rental assistance for low-income households. Public housing is priced much below the market rate, allowing people to live in more convenient locations rather than move away from the city in search of lower rents.
Nearly half of all renter households were cost-burdened by their rent in 2023 -- meaning they spent more than 30% of their income on housing costs, according to the U.S. Census Bureau.
The real estate market is as challenging as ever, particularly for first-time buyers. According to the National Association of Realtors, the average age of first-time homebuyers has increased from ...
Map of average income by location in Pennsylvania from the 2014 American Community Survey five-year estimate. Outside of the Philadelphia, Pittsburgh, and Harrisburg metropolitan areas, Pennsylvania is a relatively poorer state, especially in the northern areas and the Appalachian Mountains; only 22% of Pennsylvania places have per capita incomes higher than the national per capita income, and ...
Public housing in Philadelphia. Public housing in Philadelphia is a significant portion of the overall housing stock in Philadelphia. Most public housing is operated by the Philadelphia Housing Authority. On average, a Philadelphia public housing development is 69% African American, 26% Hispanic, and 5% White and other. [1]
Website. www.phila.gov. Philadelphia, colloquially referred to as Philly, is the most populous city in the U.S. state of Pennsylvania [11] and the sixth-most populous city in the United States, with a population of 1,603,797 in the 2020 census. The city is the urban core of the larger Delaware Valley, also known as the Philadelphia metropolitan ...