Philadelphia, PA

The Good

• ✓Excellent walkability and bike routes
• ✓Close to transit and downtown jobs
• ✓Vibrant dining and nightlife scene
• ✓Good for commuters with short 7‑minute trip

Real Talk

• !Median income (33k) is far below median home price (253k), so many will struggle to qualify for a mortgage
• !Crime rates in the area are moderate to high, especially property crimes
• !Noise and traffic can be significant in a dense urban core
• !Parking is limited and expensive, and older buildings often have higher maintenance costs
• $Higher property taxes in Philadelphia
• $Elevated utility bills for older, less energy‑efficient homes
• $Potential HOA fees for condos and co‑ops
• $Maintenance costs for historic or older buildings

Best For

Risk Snapshot