Living in Philadelphia, Indiana
Cost of living, income, home prices, rent and demographics of Philadelphia · Census data 2020–2024
Philadelphia has 431 residents with a median age of 33.5. The median household income is $24,873 (65% lower than the Indiana median), the median home value is $214,500.
Philadelphia is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Philadelphia at a glance
- Population
- 431
- Median age
- 33.5State: 38.1
- Median household income
- $24,873State: $71,957
- Median home value
- $214,500State: $218,200
- Homeowners
- 59.5%
- Bachelor's degree or higher
- 41.6%
Is Philadelphia a good place to live?
Pros: Home values about the same as the state median; a poverty rate of 11.4%.
Cons: Median household income 65% lower than the Indiana median.
The weather is best in May–June and August–September.
Cost of living in Philadelphia
Housing is the biggest part of the cost of living. In Philadelphia the median home value is $214,500, 36% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,756 a month in housing costs.
Philadelphia median household income
The median household income in Philadelphia is $24,873 and the income per person is $34,359. 11.4% of residents live below the poverty line (Indiana: 12.3%).
Housing in Philadelphia: homes for sale and rent
- Housing units
- 210
- Owner-occupied
- 59.5%
- Renter-occupied
- 40.5%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.05
Philadelphia demographics
- Population
- 431
- Median age
- 33.5
- Under 18
- 25.8%
- 65 and older
- 15.5%
- Households
- 210
- Foreign-born
- 21.8%
- Veterans
- 5.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Philadelphia ›
Education in Philadelphia
41.6% of adults 25 and older in Philadelphia have a bachelor's degree or higher (Indiana: 29.5%), and 12.2% have a graduate or professional degree.
Jobs and commute in Philadelphia
- Unemployment rate
- 0%State: 4.3%
- Average commute
- —State: 24 min
- Work from home
- 0%
- Drive alone
- 100%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 87.6%
Philadelphia vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Philadelphia | 431 | $24,873 | $214,500 | — |
| Spring Lake | 224 | $50,938 | $169,400 | — |
| Greenfield | 24,940 | $76,127 | $216,400 | $1,177 |
| New Palestine | 3,227 | $96,923 | $357,500 | $1,129 |
| Cumberland | 6,267 | $87,364 | $239,200 | $1,157 |
| Carrollton | 267 | $125,882 | $360,400 | — |
| Maxwell | 413 | $75,568 | $225,000 | — |
| McCordsville | 10,329 | $110,692 | $345,400 | $1,283 |
| Morristown | 1,134 | $53,250 | $162,000 | $902 |
More for people moving to Philadelphia
Philadelphia ZIP code ›Weather and climate ›Living in Philadelphia: FAQ
What is the median household income in Philadelphia, IN?
The median household income in Philadelphia is $24,873, 65% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Philadelphia?
The median home value in Philadelphia is $214,500, compared with $218,200 in Indiana.
Is Philadelphia, IN a good place to live?
Pluses: home values about the same as the state median; a poverty rate of 11.4%. Minuses: median household income 65% lower than the Indiana median.
What is the median age in Philadelphia?
The median age in Philadelphia is 33.5 years (Indiana: 38.1).
What is the unemployment rate in Philadelphia?
The unemployment rate in Philadelphia is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Philadelphia?
41.6% of adults in Philadelphia have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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