The 10 Richest Neighborhoods In Philadelphia, PA For 2024

The richest Philadelphia neighborhoods are Riverfront and East Falls for 2024 based on Saturday Night Science.

Richest Neighborhoods In Philadelphia
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Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they aren’t made of ticky-tacky, they are definitely made of money.

These are the wealthiest neighborhoods that Philadelphia has to offer. Where houses go for over 2.43x the national median and household incomes are 2.11x the national median.

But where exactly in Philadelphia do the richest of the rich people live? That would be Riverfront where the median income is a cool $116,172.

Here’s a look at the top 10 wealthiest neighborhoods in Philadelphia out of 56 for 2024.

What’s the richest neighborhood to live in Philadelphia for 2024? According to the most recent census data, Riverfront looks to be the richest Philadelphia neighborhood to live in.

Summing up the median income of those 10 neighborhoods adds up to $907,544. And that, my friend, is more 0s than most of us will see in our bank account for a long, long time — if we ever get that lucky.

Find where your neighborhood ranks amongst the richest in Philadelphia.

For more Philadelphia reading, check out the best neighborhoods in Philadelphia and the worst neighborhoods in Philadelphia.

Or, for living around Philadelphia, out the best Philadelphia suburbs and the worst Philadelphia suburbs.

Table Of Contents: Table | Methodology

Richst Neighborhoods In Philadelphia For 2024 By Median Income

Rank Neighborhood Median Household Income
1 Riverfront $116,172
2 East Falls $107,507
3 Chestnut Hill $105,999
4 Manayunk $101,206
5 Roxborough $89,950
6 Fishtown $88,516
7 City Center East $76,360
8 City Center West $74,773
9 Girard Estates $74,177
10 Fairmount-Spring Garden $72,884
11 Schuylkill Southwest $71,943
12 Academy Gardens $71,325
13 Marconi Plaza-Packer Park $69,608
14 Fox Chase $68,297
15 Somerton $67,342
16 Torresdale $63,800
17 Byberry $63,343
18 Eastwick $62,198
19 Bustleton $61,570
20 Mount Airy $58,968
21 Grays Ferry $58,692
22 Wharton-Hawthorne-Bella Vista $56,818
23 Rhawnhurst $56,166
24 Point Breeze $55,178
25 Pennsport-Whitman-Queen $54,536
26 Richmond $53,760
27 Brewerytown $53,106
28 Wynnefield $51,329
29 Summerdale $50,710
30 Mayfield $48,968
31 Oxford Circle $48,280
32 Cedar Brook $46,862
33 Holmesburry-Torresdale $46,772
34 South Philadelphia $45,300
35 Wissanoning $44,320
36 Morris Park $42,528
37 Oak Lane $42,352
38 Kensington $42,035
39 Olney $38,306
40 Cobbs Creek $36,830
41 Elmwood $36,392
42 Poplar-Ludlow-Yorktowne $35,486
43 Belmont $33,473
44 North Central $33,376
45 Frankford $33,299
46 Juniata Park-Feltonville $31,888
47 Logan-Fern Rock $30,568
48 Germantown $29,642
49 Harrowgate $29,043
50 Strawberry Mansion $29,030
51 Haddington-Carroll Park $28,706
52 Hunting Park $28,438
53 Alleghany West $25,196
54 Tioga-Nicetown $24,935
55 Hartranft $23,203
56 Fairhill $17,992

How We Determined The Wealthiest Neighborhoods In Philadelphia For 2024

Every city has its best neighborhoods — where everyone wants to live — and the worst neighborhoods — where no one wants to live. And then you have the wealthiest neighborhoods, where no one can afford to live.

And by no one, we mean you because there’s always someone richer than you.

How do you quantify richer than you? We looked at one simple criterion:

Which neighborhoods have the highest median income?

Using Saturday Night Science, we researched income data from the Census and BLS for every neighborhood in Philadelphia.

We ranked every neighborhood in Philadelphia by median income from highest to lowest. The neighborhood with the highest median income, Riverfront, was named the wealthiest neighborhood in Philadelphia.

The richest neighborhoods in Philadelphia are Riverfront, East Falls, Chestnut Hill, Manayunk, Roxborough, Fishtown, City Center East, City Center West, Girard Estates, and Fairmount-Spring Garden.

The poorest neighborhood? That would be Fairhill.

The poorest neighborhoods in Philadelphia are Fairhill, Hartranft, Tioga-Nicetown, Alleghany West, and Hunting Park.

We updated this article for 2024. This is our tenth time ranking the most affluent neighborhoods to live in Philadelphia.

For more Pennsylvania reading, check out:

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.