New Census Bureau data reveals a significant disparity in median household income between Philadelphia's wealthiest and poorest neighborhoods. While Fishtown/Northern Liberties enjoys a median income surpassing $113,000, areas like Fairhill and East Germantown struggle with incomes at least $100,000 lower. The report highlights a growing wealth gap, with some neighborhoods experiencing explosive income growth while others face stagnation or decline.
Philadelphia’s Fairhill and Fishtown neighborhoods are separated by a little over two miles — and aboutThat’s according to new figures from the U.S. Census Bureau showing that when it comes to median household income, there’s a six-figure gap between Philadelphia’s wealthiest community and its lowest-income neighborhoods.
Growing up against a backdrop of homelessness, drug abuse, and a near-constant police presence, he said, children face barriers in excelling through school and landing higher-paying jobs. Bill Golderer, president and CEO of United Way of Greater Philadelphia and Southern New Jersey, said the economic disparities date back generations and are, in some cases, the result of the purposeful denial of resources to communities of color.
“I’m not surprised,” said Patrick Jones, president of the neighborhood group Germantown Community Alliance. “East Germantown has not seen an increase in jobs and economic investment toward development. ... it makes sense that people would just get poor.” Katie Martin, a researcher and project director with the Pew Charitable Trusts, said Baltimore, Chicago, Phoenix, and Pittsburgh — cities that are somewhat comparable to Philadelphia in demographics and size — saw similar disparities.For Philadelphia’s top earners, the quality of housing and convenience of location turn some neighborhoods into hot commodities.
“We have many many doctors who live in our neighborhood who simply walk or bike across the bridge to University City,” Rodriguez said. “It’s the walkability, the ease of life.” But for Maria Gonzalez, the president of the community development group HACE, the figure stirs a sense of alarm.
INCOME GAP PHILADELPHIA WEALTH DISPARITY NEIGHBORHOODS RACE
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