Net Worth Percentile in Philadelphia
Your national net worth ranking uses Federal Reserve SCF data and is the same wherever you live. But Philadelphia’s cost of living is 1% above the national average (COL index: 101), which changes what your net worth actually buys.
Purchasing power in Philadelphia
Based on BLS 2023 Consumer Expenditure Survey ($73,697/yr in Philadelphia).
Philadelphia — key figures
Calculate your net worth rank
Total assets (home equity, investments, retirement, savings) minus total debts (mortgage, loans, credit cards). Negative values are fine.
Frequently asked questions
What net worth puts you in the top 10% in Philadelphia?
Nationally, the top 10% of Americans ages 45-54 have a net worth of roughly $1.7M or more. In Philadelphia, where cost of living is 1% above the national average (COL index: 101), that $1.7M covers approximately 23.1 years of living expenses compared to 23.3 years at the national average.
How does Philadelphia's cost of living affect my net worth ranking?
Philadelphia has a cost of living index of 101 (US average = 100). Your national percentile ranking uses Federal Reserve SCF data and is the same regardless of where you live. But your purchasing power differs: $1M in Philadelphia covers 13.6 years of average living expenses, versus 13.7 years at the national average.
What is the median household income in Philadelphia?
The median household income in Philadelphia is $52,649 per year. The national median household income is approximately $74,580 (Census ACS 2023).
What is the median home price in Philadelphia?
The median home sale price in Philadelphia metro area is approximately $225,000 (2024). For a household with $500K in net worth, that represents 222% of the median home price.