Center City Real Estate Fun Facts
Lifted from an article I read on Philly.com and CenterCityPhila.org:
– A little less than half the working people who live in Center City have jobs there. One-quarter commute out to the suburbs. Most of the rest work elsewhere in Philadelphia – except around wealthy Rittenhouse Square, where nearly one-fifth of the population works in New York or some other “Out of Area” location.
– Around one in three Center City workers walk to their job. Almost as many “reverse commute” by car. About a quarter take Septa or Patco. 6% work at home; 5% bike.
– Philadelphia “is weathering the recession much better than other places,” at least partly because we didn’t inflate so much:
Philadelphia ranks with energy-rich Dallas and Denver as places where home prices are off less than 10% since the market peaked three years ago.
Know any fun facts about living in Center City Philadelphia you want to share/comment on? Let me know!
Mark Wade
www.CenterCityCondos.com
Prudential Fox and Roach REALTORS®
530 Walnut St., Suite 260 Philadelphia, PA 19106
