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Philadelphia city, PA
ZIP 19124 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Working ClassLarge CommunityLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in Philadelphia city, PA (19124)
Median Income
$46,100
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+3,222
Wealth inflow
Population
70,763
Unemployment
13.1%
9.4pp above US avg
IRS migration statistics show a net inflow of about 3,222 for ZIP 19124 (Philadelphia city, PA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 19124 (2020–Present)
Since 2020, population declined 1.5%, median income rose 6.2% (inflation-adjusted), home values increased 25.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $46,100 |
| Unemployment | 13.1% |
| Establishments | 850 |
| Employees | 13,411 |