Philadelphia, PA Commercial Inventory Breakdown
Industrial
Total: 76,653,267 SF
By square footage range:
- 50k to 100k SF: 12,988,017 SF / 16.94% of total industrial
- 100k to 500k SF: 36,010,943 SF / 46.98% of total industrial
- 500k to 1M SF: 6,120,863 SF / 7.99% of total industrial
- > 1M SF: 21,533,444 SF / 28.09% of total industrial
By class:
- Class A: 8,227,127 SF / 10.73% of total industrial
- Class B: 26,271,242 SF / 34.27% of total industrial
- Class C: 23,684,498 SF / 30.9% of total industrial
Philadelphia Demographics
Population
- Total Population1,579,075
- Male Population(47.3 %) 747,479
- Female Population(52.7 %) 831,596
- Median Age34.40
Income/Financial
- Average Household Income$68,376
- Median Household Income$45,927
- Median Income Under 25$26,790
- Median Income 25-44$54,532
- Median Income 45-64$49,125
- Median Income Over 65$32,389
News
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Following the great financial crisis of 2008, the U.S. has been experiencing one of the longest economic expansions in history. Production and consumption continue to climb higher and, as a result, industrial property construction continues to increase, as well. In particular, industrial propert...
A decade is a long time, and so much has occurred in our country and around the world in the last 10 years. In particular, rising real estate prices have been one of the prevailing themes throughout the 2010s. Coming off the heels of the Great Financial Crisis, the U.S. economy has trended upwar...