Philadelphia Is Steady Growth: BoomTown Score 60/100

Q: Is Philadelphia a good place to invest in real estate?

Philadelphia has a BoomTown Score of 60/100 (Steady Growth).

Q: Is Philadelphia growing fast?

Philadelphia has 1.66% population growth year-over-year.

Pennsylvania | Population: 1,602,371 | Data as of Q2 2026

Steady Growth

📊

Population Growth

+1.66%

🏗

Building Permits

+34.84%

💼

Job Growth

+4.72%

➡

Net Migration

+19,966

What's Driving Growth in Philadelphia

Philadelphia demonstrates steady, reliable growth with a BoomTown Score of 60/100. The strongest signal is building permits (+34.84% permit growth). While not experiencing the explosive growth of some Sun Belt cities, Philadelphia offers stability backed by job growth (+4.72% employment growth). This makes it an attractive option for long-term investors seeking dependable appreciation.