Is Philadelphia a Good Place to Live? Pros & Cons

by Rentals Editorial Team | Published: Oct 5, 2023

Culture, arts, and entertainment

Philadelphia offers a diverse range of nature and outdoor activities for residents to enjoy. Its expansive park system, including the iconic Fairmount Park, provides countless opportunities for outdoor recreation. Whether you’re in the mood for a leisurely stroll, a bike ride, or a picnic, there are plenty of green spaces to choose from.

The city also boasts several scenic trails, such as the Schuylkill River Trail and the Delaware River Trail, where you can enjoy breathtaking views while biking or jogging. If you’re an avid hiker or nature enthusiast, nearby destinations like Wissahickon Valley Park and Ridley Creek State Park offer tranquil retreats from city life.

In addition to parks and trails, Philadelphia is home to numerous gardens and arboretums. The Morris Arboretum and Longwood Gardens are popular destinations for those seeking a peaceful escape amidst beautiful flora. Furthermore, outdoor enthusiasts can explore the city’s rivers by kayaking or canoeing, providing a unique perspective on Philadelphia’s natural beauty.

Philadelphia is steeped in history and played a pivotal role in the founding of the United States. Walking through its streets feels like stepping back in time as you encounter significant landmarks around every corner.

The Liberty Bell and Independence Hall stand as powerful symbols of American history and democracy. Visitors can tour these historic sites to learn about the Declaration of Independence signing and the drafting of the Constitution.

Nestled in the Old City district, Elfreth’s Alley offers a glimpse into colonial life with its well-preserved 18th-century houses. Meanwhile, Eastern State Penitentiary showcases an eerie piece of history as one of America’s most famous prisons-turned-museums.

Philadelphia also boasts renowned museums, including the Philadelphia Museum of Art, the National Constitution Center, and the Museum of the American Revolution. These cultural institutions provide enriching experiences that delve into the city’s and the nation’s past.

Philadelphia pulsates with a vibrant culture and arts scene that caters to all tastes. The city is known for its thriving music scene, hosting a variety of concerts across different genres throughout the year. Whether you’re into jazz, rock, or classical, there’s always something to enjoy at one of Philadelphia’s many music venues.

Theater lovers will appreciate Philadelphia’s numerous performance spaces, including the Walnut Street Theatre, which is America’s oldest continuously operating theater. The Kimmel Center for the Performing Arts and Merriam Theater also showcase a diverse array of plays, musicals, and dance performances.

Art enthusiasts can explore world-class collections at the Philadelphia Museum of Art and the Barnes Foundation. Additionally, vibrant street art can be found throughout the city, with neighborhoods like Fishtown and South Philadelphia becoming hubs for local artists.

Philadelphia celebrates its cultural diversity through various festivals and events held throughout the year. From the lively South Street Spring Festival to festive parades like the Mummers Parade on New Year’s Day, there is always something happening to immerse yourself in Philadelphia’s rich cultural tapestry.

With its diverse economy, Philadelphia offers a range of job opportunities across different industries. Some of the city’s biggest employers include Comcast Corporation, University of Pennsylvania Health System, Children’s Hospital of Philadelphia, and Thomas Jefferson University Hospital.

The average household income in Philadelphia is around $46,000 per year. While this figure may be lower compared to some other major cities, it is balanced by a lower cost of living. The city also provides various resources for job seekers, such as career fairs and networking events.

The unemployment rate in Philadelphia fluctuates over time but has been improving steadily in recent years. This trend indicates that there are growing job opportunities available within the city.

When it comes to taxes, Philadelphia has both state and local taxes that residents need to be aware of. The state tax rate in Pennsylvania is a flat rate of 3.07%, which applies to all income levels. On top of that, residents of Philadelphia are subject to a local income tax of 3.4481%, making the total income tax rate in the city 6.5181%. It’s important for individuals to consider these tax rates when evaluating the cost of living in Philadelphia.

Philadelphia boasts a diverse range of educational institutions, making it an attractive place for students and academics alike. Here are some notable colleges and universities in and around the city:

University of Pennsylvania
Drexel University
Temple University
Villanova University
Swarthmore College
Haverford College
Bryn Mawr College

Philadelphia offers a variety of public transportation options, including buses, trains, trolleys, and subway lines operated by the Southeastern Pennsylvania Transportation Authority (SEPTA). SEPTA provides convenient access to different parts of the city and surrounding areas.

Traffic can be congested at times, particularly during rush hours, but overall, Philadelphia is known for its walkability and bike-friendly infrastructure. Additionally, the city has several airports serving both domestic and international flights: Philadelphia International Airport (PHL), Trenton-Mercer Airport (TTN), Lehigh Valley International Airport (ABE).

Philadelphia is a city with diverse neighborhoods, each offering a unique atmosphere and character. Center City is known for its historic landmarks; Fishtown is a trendy neighborhood with a vibrant arts scene; University City is home to several prestigious universities and colleges; Manayunk offers scenic views and outdoor recreational activities; Chestnut Hill has charming architecture and beautiful gardens.

Philadelphia offers a plethora of family-friendly activities and attractions that make it a great place to live for families. The city is home to numerous parks, playgrounds, and recreational areas where kids can play and enjoy outdoor activities. Some popular family-friendly destinations include the Philadelphia Zoo, Adventure Aquarium, and Franklin Square.

Moreover, Philadelphia boasts an excellent education system with a variety of public, private, and charter schools to choose from. The city also has several renowned universities and colleges, providing ample educational opportunities for children as they grow older.

In terms of healthcare facilities, Philadelphia has top-notch medical centers and hospitals that offer quality healthcare services for families. The city is known for its exceptional pediatric hospitals, ensuring that your children receive the best care possible.

Philadelphia is an ideal destination for tourists due to its rich history and vibrant cultural scene. The city is famous for its iconic landmarks such as the Liberty Bell, Independence Hall, and the Philadelphia Museum of Art. Visitors can explore the historic district of Old City or take a stroll along the picturesque streets of Society Hill. Food lovers will be delighted by Philadelphia’s diverse culinary offerings at the bustling Reading Terminal Market. Additionally, the city hosts numerous events and festivals throughout the year.

If you are considering a move to Philadelphia, there are several factors to keep in mind. The city offers a wide range of neighborhoods, each with its own unique character and amenities. Transportation in the city is convenient with an extensive public transit network consisting of buses, trains, and trolleys. When it comes to employment opportunities, Philadelphia is home to numerous industries such as healthcare, education, finance, technology. The city also offers an active social scene with plenty of entertainment options ranging from theaters and live music venues to sports arenas and clubs.

Philadelphia offers a diverse and vibrant setting for retirees looking to settle down. The city boasts a rich history, cultural attractions, and a range of amenities that cater to the needs of seniors. With its well-connected transportation system, healthcare options, and recreational activities, Philadelphia provides an enticing environment for those looking to enjoy their golden years.

Pros of living in Philadelphia include rich history and cultural heritage, abundance of job opportunities, diverse culinary scene, affordable cost of living compared to other major cities, access to world-class healthcare facilities, vibrant arts and music scene. Cons include traffic congestion during peak hours, high poverty rates in certain neighborhoods, harsh winters with occasional snowstorms, potential for high property taxes, limited availability of parking in some areas.

1. The best time to visit Philadelphia is during the spring (March-May) or fall (September-November) when the weather is mild and pleasant.

2. Yes, public transportation is easily accessible in Philadelphia with an extensive network operated by the Southeastern Pennsylvania Transportation Authority (SEPTA).

3. Must-visit attractions in Philadelphia include the Liberty Bell, Independence Hall, Reading Terminal Market, Eastern State Penitentiary.

4. Yes, there are opportunities for outdoor activities in Philadelphia with numerous parks and recreational areas available.

5. While certain neighborhoods in Philadelphia may have higher crime rates, overall the city has experienced a decline in crime in recent years. It is advisable to research specific areas and take necessary precautions for personal safety.

Exploring Philadelphia’s Nature and Outdoor Activities

Unearthing Philadelphia’s Rich History

Immersing Yourself in Philadelphia’s Vibrant Culture and Arts Scene

City entertainment

Philadelphia offers a vibrant and diverse entertainment scene that caters to all tastes and interests. From world-class museums to bustling markets, there is something for everyone in the city.

Art enthusiasts can explore the iconic Philadelphia Museum of Art, which houses an extensive collection spanning various periods and styles. The Barnes Foundation is another must-visit for art lovers, showcasing an impressive assortment of post-impressionist and early modern paintings.

If you’re a history buff, Philadelphia’s rich heritage opens doors to historical sites like the Liberty Bell and Independence Hall, where the Declaration of Independence was signed. The Eastern State Penitentiary is a captivating attraction that offers guided tours through its haunting corridors.

The city also boasts a lively music scene with numerous concert venues and clubs hosting both local and international acts. Catch a live performance at the iconic Fillmore Philadelphia or Union Transfer for an unforgettable night out.

Sports fans are well catered to with professional teams such as the Philadelphia Phillies (baseball), Philadelphia Eagles (American football), Philadelphia 76ers (basketball), and more. Attending a game or joining in on tailgating festivities is an excellent way to immerse yourself in the city’s sports culture.

Local sights, attractions, events, and things to do

In addition to its historical landmarks, Philadelphia offers an array of attractions that appeal to locals and tourists alike. The Reading Terminal Market is a food lover’s paradise where you can find diverse cuisines from around the world.

The vibrant South Street district provides unique shopping experiences with its eclectic mix of independent boutiques, vintage stores, and bustling street vendors. Take a leisurely stroll along Boathouse Row or visit Fairmount Park for scenic views of nature amidst the urban landscape.

The city also hosts numerous events throughout the year, including the Philadelphia Flower Show, the Philadelphia International Festival of the Arts, and the Made in America music festival. These events celebrate the city’s creativity, culture, and community spirit.

For nature enthusiasts, a visit to Philadelphia’s nearby parks and outdoor spaces is a must. Explore Wissahickon Valley Park or take a hike in Valley Forge National Historical Park for a refreshing escape from city life.

Job opportunities and overall economy

The unemployment rate in Philadelphia fluctuates over time but has been improving steadily in recent years. This trend indicates that there are growing job opportunities available within the city.

Taxes in Philadelphia

Education System in Philadelphia

University of Pennsylvania
Drexel University
Temple University
Villanova University
Swarthmore College
Haverford College
Bryn Mawr College

Public Transportation and Traffic in Philadelphia

Philadelphia International Airport (PHL)
Trenton-Mercer Airport (TTN)
Lehigh Valley International Airport (ABE)

Neighborhoods in Philadelphia

Philadelphia is a city with diverse neighborhoods, each offering a unique atmosphere and character. Here are some of the neighborhoods you can explore:

Center City

Located in the heart of Philadelphia, Center City is known for its historic landmarks, shopping districts, and vibrant nightlife. It is also home to several iconic attractions like the Liberty Bell and Independence Hall.

Fishtown

Fishtown is a trendy neighborhood filled with hip restaurants, art galleries, and music venues. It has a vibrant arts scene and is popular among young professionals.

University City

As the name suggests, University City is home to several prestigious universities and colleges, including the University of Pennsylvania and Drexel University. The neighborhood has a youthful energy and offers various cultural events and dining options.

Manayunk

Situated along the Schuylkill River, Manayunk offers scenic views and numerous outdoor recreational activities. It has a lively Main Street lined with shops, cafes, and bars.

Chestnut Hill

Chestnut Hill is an affluent neighborhood known for its charming architecture, upscale boutiques, and beautiful gardens. It offers a peaceful suburban atmosphere while still being close to the city center.

Family Fun in Philadelphia

Tourism in the City of Brotherly Love

Visitors can explore the historic district of Old City or take a stroll along the picturesque streets of Society Hill. Art enthusiasts will find themselves immersed in a world-class art scene at various museums and galleries throughout the city.

Food lovers will be delighted by Philadelphia’s diverse culinary offerings, including famous cheesesteaks, tasty pretzels, and delectable hoagies. The bustling Reading Terminal Market provides an array of delicious options to satisfy any palate.

Additionally, Philadelphia hosts numerous events and festivals throughout the year, attracting visitors from near and far. The annual Independence Day celebration on July 4th draws large crowds who come to witness spectacular fireworks over the Benjamin Franklin Parkway.

Moving to Philadelphia: What You Need to Know

If you are considering a move to Philadelphia, there are several factors to keep in mind. The city offers a wide range of neighborhoods, each with its own unique character and amenities. Whether you prefer a bustling urban environment or a quieter suburban community, Philadelphia has options to suit various lifestyles.

Transportation in the city is convenient, with an extensive public transit network consisting of buses, trains, and trolleys. Additionally, Philadelphia is known for its bike-friendly streets and dedicated bike lanes, making it easy to commute on two wheels.

When it comes to employment opportunities, Philadelphia is home to numerous industries such as healthcare, education, finance, and technology. The city’s vibrant economy provides diverse job prospects for individuals seeking career growth.

Philadelphia also offers an active social scene with plenty of entertainment options ranging from theaters and live music venues to sports arenas and clubs. There is always something happening in the city that caters to different interests.

Retiring in Philadelphia

Pros and Cons of Living in Philadelphia

Pros:
- Rich history and cultural heritage
- Abundance of job opportunities
- Diverse culinary scene
- Affordable cost of living compared to other major cities
- Access to world-class healthcare facilities
- Vibrant arts and music scene
Cons:
- Traffic congestion during peak hours
- High poverty rates in certain neighborhoods
- Harsh winters with occasional snowstorms
- Potential for high property taxes
- Limited availability of parking in some areas
Frequently Asked Questions about Philadelphia

1. What is the best time to visit Philadelphia?

The best time to visit Philadelphia is during the spring (March-May) or fall (September-November) when the weather is mild and pleasant, and the city hosts various festivals and events.

2. Is public transportation easily accessible in Philadelphia?

Absolutely! Philadelphia has an extensive public transportation system that includes buses, subways, trolleys, and regional rail lines. The Southeastern Pennsylvania Transportation Authority (SEPTA) operates these services, making it convenient to navigate the city.

3. What are some must-visit attractions in Philadelphia?

Philadelphia is brimming with iconic attractions such as the Liberty Bell, Independence Hall, and the Philadelphia Museum of Art. Other notable sites include Reading Terminal Market, Eastern State Penitentiary, and the Philadelphia Zoo.

4. Are there opportunities for outdoor activities in Philadelphia?

Absolutely! Philadelphia offers numerous outdoor recreational areas like Fairmount Park, which encompasses over 2,000 acres of trails, woodlands, and scenic spots. The city also has various parks and green spaces for residents to enjoy.

5. Is Philadelphia a safe city to live in?

While certain neighborhoods in Philadelphia may have higher crime rates, overall, the city has experienced a decline in crime in recent years. It is advisable to research specific areas and take necessary precautions to ensure personal safety.

Categories: Renters