Do you like your neighborhood? Is it friendly, and where everyone knows their neighbors? No matter if you live in the sticks or in an apartment building in downtown Philadelphia, you have a little pocket that you can call home. And each neighborhood is different.
Smaller neighborhoods usually have obvious benefits — less crime, a slower pace of life, and a lower cost of living. But not all Philadelphia neighborhoods are created equal. Some are better than others. But which ones?
Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Philadelphia are the best. If you’re in one of the places we’re about to highlight, odds are you know you’ve got it made.
Here are the best neighborhoods in Philadelphia for 2018:
- City Center West
- City Center East
- Chestnut Hill
- Fairmount-Spring Garden
- Mount Airy
Read on to see how we determined the places around Philadelphia that deserve a little bragging rights.
How do you determine the best neighborhoods in Philadelphia for 2018?
In order to rank the best neighborhoods in Philadelphia, we had to determine what criteria defines a ‘best’.
Using crime, census, and extrapolated BLS data, we arrived at the following set of criteria:
- High incomes
- Low unemployment rates
- Low crime
- High home prices
- High population densities (A proxy for things to do)
We limited the analysis to neighborhoods with over 1,000 people.
We then ranked each neighborhood with scores from 1 to 56 in each category, where 1 was the best.
Next, we averaged the rankings for each neighborhood to create a best neighborhood index.
And finally, we crowned the neighborhood with the lowest best neighborhood index the ‘Best City Neighborhood In Philadelphia.’ We’re lookin’ at you, Riverfront.
Read on below to learn more about what it’s like to live in the best places Philadelphia has to offer. Or skip to the end to see the list of all the neighborhoods in the city from best to worst.
Median Income: $104,493
Median Home Value: $368,800
2. City Center West
Median Income: $70,269
Median Home Value: $391,600
3. City Center East
Median Income: $71,200
Median Home Value: $414,900
4. Chestnut Hill
Median Income: $91,838
Median Home Value: $412,617
Median Income: $63,135
Median Home Value: $238,158
6. Fairmount-Spring Garden
Median Income: $72,173
Median Home Value: $329,441
Median Income: $64,652
Median Home Value: $232,491
Median Income: $53,236
Median Home Value: $239,807
Median Income: $64,142
Median Home Value: $232,893
10. Mount Airy
Median Income: $53,800
Median Home Value: $225,813
Putting A Bow On Our Analysis Of Philadelphia
If you’re measuring the neighborhoods in Philadelphia where crime is low and everyone wants to live, this is an accurate list.
If you’re curious, here are the worst places in Philadelphia:
- North Central
For more reading, check out:
- These Are The 10 Most Dangerous Cities In Pennsylvania
- These Are The 10 Most Ghetto Cities In Pennsylvania
- These Are The 10 Worst Places To Live In Pennsylvania
Detailed List Of The Best Neighborhoods In Philadelphia
|City Center West||2|
|City Center East||3|
|Marconi Plaza-Packer Park||20|