ABOUT PHILADELPHIA
FACTS ABOUT PHILADELPHIA
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2nd largest city on the East Coast
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8th largest regional economy in the world
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First and only World heritage city in the United States
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Prime location between New York and Washington, D.C.
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Located in the middle of the US Northeast megaregion with over 46 million people within a 200-mile radius.
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Increased its population by 8% from 1999 to 2010
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Increased its population by 1.4% from 2010 to 2012
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Home appreciation of more than 121% from 2000 to 2010
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Home prices increased 3% in 2013
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Market rents increased 10% over the last 4 Years
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25% increase in the number of single family houses and condos that were flipped in the first quarter of 2015
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Running an ambitious development plan from 2010-2035 that will boost our local economy and housing market
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Strong job market, over 33,000 new jobs created in 2013
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Unemployment rate is 5.9%
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Residential rental vacancy is 2.7%
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Medium sales price is up 8.8% from 3rd quarter 2014
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Low cost of living
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One of the most historical cities in America, with 4 million visitors per year
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Modern public transportation system
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Local government workforce of over 31,000 employees
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One of the Nation’s largest medical and pharmaceutical industries, including Dupont, GlaxoSmithKline, and Merck.
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Major shipping port and import/export industry hub
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Home to 92 colleges and universities
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Coming to Philadelphia? 37 things to consider before moving to Philadelphia!
