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August 3, 2021

A Definitive Guide to Living in Philadelphia, PA

Are you a prospective mover considering living in Philadelphia or its surrounding area this summer? Nicknamed “The City of Brotherly Love”, Philadelphia is a significant city and popular destination due to its thriving economy, celebrated and diverse culinary scene, and its wealth of cultural attractions, including a number of notable theaters, museums, and performance centers. Read our definitive city-guide today to learn more of what the city has to offer!

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Explore the Economy

Quick Facts

Population: 1,584,064

Median Home Value: $163,000

Median Household Income: $45,927

Philadelphia is the center of economic activity in Pennsylvania, and the city boasts a diverse economic profile, largely based off of the financial, information technology, tourism, higher education, and medical industries. Fittingly the city is host to a number of Fortune 500 companies, including cable television and internet provider Comcast, insurance companies Colonial Penn, CIGNA and Lincoln Financial Group, energy company Sunoco, and the food services company Aramark and Crown Holdings Incorporated, among others. Overall, these corporations are responsible for a sizable portion of the city’s economy. Comcast, for instance, was previously reported as generating $2.7 billion in revenue for the city.

Previously noted, Philadelphia is an important center for medicine, a concept highlighted by the city’s numerous prestigious medical centers, including Pennsylvania Hospital, the Children’s Hospital of Philadelphia, the nation’s first pediatric hospital (located adjacent to the Hospital of the University of Pennsylvania), St. Christopher’s Hospital, and the first medical school in the United States, at the University of Pennsylvania (Penn). Of the aforementioned, Philadelphia’s University of Pennsylvania and Health System is the city’s largest employer, and the company employs 46,554 workers throughout the greater Philadelphia area. Indeed, in a recent economic impact study by economyleague.org, the following was noted:

  • At 12.7 percent in 2019, the concentration of healthcare occupations in Greater Philadelphia outpaces other major U.S. metropolitan regions.
  • As of 2019, Greater Philadelphia’s healthcare workforce accounted for roughly 365,670 jobs or 12.7 percent of the total regional workforce – one of the highest concentrations among major U.S. metropolitan regions.
  • The Hospital and Healthsystem Association of Pennsylvania estimated that Greater Philadelphia’s hospital systems alone account for roughly $17.9 billion in direct economic impact.

Largely due to the influence of Philadelphia’s previously discussed medical industry, the city is host to a number of prominent pharmaceutical and biotech companies. Notable corporations include GlaxoSmithKline, AstraZeneca, Wyeth, Merck, GE Healthcare, and Johnson and Johnson. These companies ultimately work in tandem with the city’s medical industry, working to produce trial drugs and emerging medical technologies utilized throughout the city’s medical system.

Are you a prospective mover considering living in Philadelphia or its surrounding area this summer? Be sure to take note of the city’s robust economy and thriving economy prior to planning your visit!

Explore the Excitement

Demographically, Philadelphia is a young city. Indeed, nearly 50% of the city’s population is under 30 years old. The city ultimately caters to this younger demographic with its selection of live sports attractions. Notedly, Philadelphia is one of thirteen cities that hosts teams in the “Big Four” major sports leagues in North America, those teams being the Philadelphia Phillies of Major League Baseball, the Philadelphia Eagles of the National Football League, the Philadelphia 76ers of the National Basketball Association and the Philadelphia Flyers of the National Hockey League.

Historically, these teams have enjoyed an immense amount of success within their respective leagues. Indeed, Philadelphia is one of six cities that has won at least one championship in the NHL, NFL, MLB, and NBA, and Philadelphia’s combined total of 16 championships in these leagues ranks sixth among North American cities.

Additionally, the city has been host to a number of significant major sports events throughout the years. Previously the city has been the site of the NFL Draft, the NFL All-Star Game, the MLB All-Star Game, the NHL All-Star Game, and the NBA All-Star Game, among others.

Are you a prospective mover considering living in Philadelphia or its surrounding area this summer? Be sure to schedule some time to visit one of the city’s numerous professional sports teams!

Explore the Culture

Culturally, Philadelphia, PA is an exciting and diverse city, and notedly the area is home to a number of notable theaters, museums, and performing arts groups, including the Franklin Institute, which contains the Benjamin Franklin National Memorial; the Philadelphia History Museum; the Philadelphia Museum of Art; the Kimmel Center for the Performing Arts; and the National Constitution Center, among others.

Of the aforementioned, the Philadelphia Museum of Art is of particular significance. Originally chartered in 1876 for the Centennial Exposition in Philadelphia, this museum administers collections containing over 240,000 objects including major holdings of European, American and Asian origin. Highlights of the Museum include works by Pablo Picasso and Salvador Dali, contemporary art work from Agnes Martin and Cy Twombly, collections of paintings and sculptures from China, Japan, and India, and the armor collection of Carl Otto Kretzschmar von Kienbusch, among many other notable pieces and exhibits. Additionally, the Philadelphia Museum of Art administers several annexes, including the Rodin Museum (a museum containing collections of sculptor Auguste Rodin), and the Ruth and Raymond G. Perelman Building, a museum that houses more than 150,000 prints, drawings and photographs, along with 30,000 costume and textile pieces, and over 1,000 modern and contemporary design objects including furniture, ceramics and glasswork.

Considering scheduling a trip? Be sure to visit the Philadelphia Museum of Art’s event calendar prior to planning your visit. The Museum noted for holding special exhibitions, guest speakers, and events throughout the year.

Equally as influential, Philadelphia is host to the previously mentioned Kimmel Center for the Performing Arts, a large performing arts venue in the heart of Downtown Philadelphia. Originally opened in 1996, this performing arts center is owned and operated by the Kimmel Cultural Center, which also manages the Academy of Music in Philadelphia, and the Merriam Theater. The Center is comprised of several facilities and concert halls, including the prominent Verizon Hall, a 2,500 seat main performance auditorium. Notably, this concert hall is host to the Philadelphia Orchestra, one of the U.S.’s “Big Five” orchestras; or, a symphony orchestra that has led the field in “musical excellence, calibre of musicianship, total contract weeks, weekly basic wages, recording guarantees, and paid vacations”.

Are you a prospective mover considering living in Philadelphia or its surrounding area this summer? Be sure to schedule some time to visit some of the city’s notable cultural attractions, including the Kimmel Cultural Center and the Philadelphia Museum of Art during your visit!

Explore the Cuisine

Philadelphia’s culinary scene is culturally diverse, shaped largely by the city’s mixture of ethnicities, and the city is noted to have originated a number of popular dishes and food items, such as the cheesesteak, stromboli, hoagie, soft pretzel, and the water ice and soda, among others.

Philadelphia is most frequently associated with its flagship menu item, the Philadelphia Cheesesteak. This iconic dish dates back to the 1930’s, and was invented when Pat Olivieri, a hot dog vendor and namesake to Pat’s King of Steaks, threw beef on his grill to make a sandwich. Traditionally, this dish is comprised of thinly sliced rib-eye or top round beef placed atop a hoagie roll, that is then covered in melted cheese (typically American, Provolone, or Cheddar), or Cheez Whiz. Beyond its staples, common additions include sautéed onions, ketchup, hot sauce, salt, and black pepper.

We’ve gathered a handful of our favorite Philly cheesesteak stops, as well as some additional restaurants of note you should consider visiting if you are ever in the Philadelphia area this year. Read more below!

  • Geno’s Steaks – Founded by Philly native Joey Vento in 1966, Geno’s Steaks is an iconic Philadelphia institution, and the restaurant is frequently cited as the definitive cheesesteak spot in the Philadelphia area. This restaurant has been a frequent favorite of celebrity diners, including Rachel Ray, Bobby Flay, Guy Fieri and more!
  • Pat’s King of Steaks – Pat’s King of Steaks is the originator and inventor of the steak and cheesesteak sandwich. Owned by the Olivieri family for almost 90 years, Pat’s is known for its distinct ordering system, within which a customer asks for a variety of sandwich and then says “wit” or “wit-out” (i.e. ‘with’ or ‘without’ onions), a tongue-in-cheek reference to the Philadelphia accent.
  • Vernick Food & Drink – Vernick Food & Drink is a New American eatery in a Rittenhouse brownstone serving upscale large & small plates plus cocktails. Signature menu items include their charcoal grilled black sea bass, braised rabbit ragout, and their saffron braised squid. This restaurant is an ideal spot for a romantic dinner date or celebration event!
  • Zorba’s Tavern – Consistently cited as the “Best Greek Restaurant” in Philadelphia, Zorba’s is a Greek tavern that serves traditional cuisine in a homey space decorated with old-country paintings. Highlights of the menu include the restaurant’s oven roasted meatballs, their pork souvlaki, and the shrimp tourkolimano.
  • Pho 75 – Located in an unassuming strip mall right off of Washington Street, Pho 75 is a quick, simple stop for Vietnamese pho soups sold at a reasonable price. Previously, this restaurant has been featured on CNN, and was known to be a favorite of the late-celebrity chef, Anthony Bourdain.
  • Zahav – Zahav is an elevated and elegant Israeli restaurant that serves tapas, exotic cock-tails, and award-winning desserts. The restaurant seeks to exemplify Israeli hospitality, and subsequently every meal begins with Laffa bread baked in the taboon, served alongside hummus and salatim.

Additionally, beyond the city’s numerous celebrated restaurants, Philadelphia is host to a number of innovative breweries and brewpubs, such as:

  • Monk’s Cafe – Monk’s Cafe is a Belgian-inspired brewpub located in the heart of Downtown Philadelphia. Founded in 1985, this brewpub features an extensive beer list composed of local craft brews, and a menu highlighting Belgian brewpub favorites, including Beef Cheeks, Belgian Street Corn, and an assortment of Mussels dishes served with Pomme Frites.
  • Evil Genius Beer Company – Located in an industrial-chic setting, Evil Genius Beer Company features an extensive tap-list, and is known to hold weekly events showcasing local live music and food trucks.
  • Yards Brewing Co. – Founded in 1994, Yards Brewing Company features an expansive brewery, restaurant & bar with event space, outdoor seating and a retail shop.
  • 2nd Story Brewing – 2nd Story Brewing is a bright, rustic-chic brewpub serving craft beer paired with pub grub and globally influenced mains.

Are you a prospective mover considering living in Philadelphia or its surrounding area this summer? Be sure to schedule some time to explore the city’s celebrated culinary scene, including their numerous acclaimed restaurants and breweries.

Explore the Surrounding Community

North Wales, PA

North Wale’s Economy

Population: 3,253

Median Household Income: $94,679

Median Property Value: $253,900

Previously settled by Welsh immigrants, North Wales, PA was originally named after North Wales, the northern geographic region of Wales in the United Kingdom. A suburb of its larger and more prominent neighbor Philadelphia, this city features a diverse economic profile, namely highlighted by its various businesses within the service industry. Indeed, North Wale’s business district, comprised of its Main and Walnut Streets, is host to a number of service related businesses, including a variety of hair salons and beauty parlors, a pharmacy, doctors’ offices, a dry cleaner, a running and walking shoe specialty store, a yoga studio, two auto repair facilities, two auto body shops, two laundromats, a post office, convenience store, and a recording studio, among many others.

North Wale’s Restaurants

Alternatively, beyond the city’s service industry, North Wales, PA is home to a number of fantastic restaurants that highlight a variety of diverse culinary styles. We’ve included some of our favorites below!

  • The Green Fork and Local Roots Market – The Green Fork is a family owned and operated restaurant in the heart of North Wales, Pennsylvania that specializes in locally-sourced, farm-friendly American-casual cuisine. Beyond their food, The Green Fork is an active member of the community and features local musicians, artists, and vendors in the restaurant & Local Roots Market.
  • Tex Mex Connection – Serving the North Wales community since 1984, Tex Mex Connection is a family owned 3-star certified green restaurant. Choose from menu favorites that include a variety of spectacular tacos, burritos, enchiladas and more!
  • Everything Bagel Cafe – The Everything Bagel Cafe is a family owned and operated company that strives to serve the best bagels and sandwiches using the freshest ingredients. This restaurant is the ideal visit for a Sunday brunch!

North Wale’s Attractions

Overall, North Wale’s is host to a number of exemplary parks, including Weingartner Park, Wee Walers Park, Parkside Place Park, and the Montgomery Township Spray Park, among others. Of the aforementioned, the city’s Montgomery Township Spray Park is perhaps its most exciting. This Spray Park is the ideal location for families, and includes a shade sail section with smaller sprinklers for the younger children and a section with larger sprinklers for the older, more active children. Additionally, this park is located adjacent to the city’s Community & Recreation Center, a site that features amenities including fitness rooms, social halls, meeting spaces, classrooms, billiards and game rooms.

Beyond the city’s park system, North Wales PA is host to a number of hiking trails, such as Treweryn Farm Trail, Wissahickon Green Ribbon Trail, and the Gwynedd Preserve area. Hikes within the Gywnedd Preserve are particularly rewarding, allowing visitors the opportunity to tour meadow and forest habitats nestled within the developed suburbs of the North Wales community.

Self Storage in North Wales PA

As seen, Philadelphia is a remarkable and exciting city overall, and it is notable due to its thriving economy, its celebrated and varied culinary scene, and its wealth of attractions. So, now that you’re considering living in Philadelphia, PA; what are your next steps? Look no further than Vault Storage Co in North Wales, PA!

Located in the suburbs of Philadelphia a mere 20 miles from the city’s center, Vault Storage Co in North Wales, PA is your source for affordable self storage in Philadelphia, PA, as well as its surrounding areas. Amenities of this location include temperature controlled storage units, indoor storage units, and RV and boat storage options; all secured behind a fully fenced perimeter and 24/7 recording cameras. Additionally, for your convenience, this facility sells moving and packing supplies onsite.

So, are you considering living in Philadelphia, PA or the North Wales area this year? Rent or reserve self storage near you online or in person today at Vault Storage Co. in North Wales, PA!

Rent self storage in North Wales, PA today!

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