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Philadelphia, PA Insightsas of Oct 2026
Population size
1.6 M People
Population growth
-0.4%
Age distribution
0-17: 21.2%
18-64: 64.1%
65+: 14.7% percent
18-64: 64.1%
65+: 14.7% percent
Household size
2.4 People
Household composition
Families with children: 28%
Single-person: 38%
Married couples: 32% percent
Single-person: 38%
Married couples: 32% percent
Education level
Bachelor's or higher: 36.4% percent
Median household income
61,953 USD/year
Employment rate
61 %
Job growth
0.7 %
Dominant industries
Healthcare, education, finance, tourism, manufacturing industries
Cost of living index
120 index
Retail sales per capita
8,500 USD/year
Disposable income
48,000 USD/year
Spending behavior by category - apparel, dining, electronics
Apparel: 4%, Dining: 12%, Electronics: 6% percent of spending
Existing retail mix
Mixed-use retail, department stores, specialty shops, food halls mix
Number of competitors
150 retailers
Market saturation
75 percent
Presence of anchor tenants
Macy's, Target, Whole Foods, local anchors tenants
Foot traffic from nearby businesses
2,000,000 visits/month
Rent costs
45 USD/sqm/month
Property values
243,100 USD
Zoning laws
Commercial mixed-use allowed in downtown and corridors laws
Business permits
5,000 permits/year
Availability of retail space
500,000 sqm
Proximity to major roads
I-95, I-76, US-1 highways
Public transportation access
SEPTA subway, buses, regional rail systems
Parking availability
50,000 spaces
Pedestrian traffic
500,000 pedestrians/day
Vehicle traffic
1,200,000 vehicles/day
Public transport accessibility
85 percent
Commute times
32 minutes
Work patterns
Hybrid: 40%, Office: 35%, Remote: 25% percent
Shopping preferences
Value-oriented, local brands, experiential retail preferences
Brand affinity
Moderate loyalty to national and local brands affinity
Consumer loyalty
65 percent
Entertainment and leisure trends
Dining out, sports events, cultural venues trends
Crime statistics
Violent: 800/100k, Property: 3,500/100k incidents
Shoplifting rates
15 incidents/1,000 retail visits
Public safety measures
Increased policing, surveillance, community programs measures
Tourist spending
5,000,000,000 USD/year
Tourist footfall
40,000,000 visitors/year
Major local events
Philadelphia Marathon, Mummers Parade, festivals events
Seasonal attractions
Holiday markets, summer festivals, sports seasons attractions
E-commerce penetration
35 %
Click-and-collect adoption
25 %
Local preference for in-store shopping
65 %
Total retail space
2,500,000 sqm
Retail space per capita
1.6 sqm/person
Projected growth in retail space
1.5 %
Retail leakage rate
20 %
Sustainable retail demand
High demand in mixed-use and experiential demand
Major upcoming retail projects
Waterfront developments, mixed-use expansions projects
Grocery market share distribution - Top 3 retailers & market share
Acme: 25%, ShopRite: 22%, Whole Foods: 15% percent
Consumer spending patterns
Housing 35%, Food 15%, Transportation 12% percent
Grocery expenditure trends
Stable with slight increase in premium trends
Luxury retail performance
Moderate growth 3% growth
Top mall shopping preferences
King of Prussia, Cherry Hill, Center City malls preferences
Shopping trips to other cities - % of residents
15 percent
Key drivers for mall visits
Dining, entertainment, anchor stores drivers
Preferred brand categories - Luxury fashion, Value fashion, etc.
Value fashion, athletic wear, home goods categories
Number of existing malls
8 malls
Total retail footfall - annual visits across malls
80,000,000 sqm
Retail market gaps
Experiential retail, affordable luxury gaps
Trade area population
2,500,000 people
Retail potential in catchment area
High potential in emerging neighborhoods potential
Projected retail growth rate
2 %
Preferred mall layouts
Mixed-use, open-air with dining focus layouts
Public transport access
Excellent SEPTA coverage access
Walkability score
85 score
Road infrastructure & car access
Good with major interstates infrastructure
Parking capacity in comparable malls
5,000 spaces
Surrounding land use & future developments
Mixed residential/commercial, ongoing waterfront redevelopment land use
Retail Destinations in Philadelphia, PA
Browse 6 retail destinations in Philadelphia, PA, United States. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Philadelphia, PA at a Glance
- Total Properties6
- CountryUnited States
