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Regional Data > Market Position

Locate Your Business to Greater Philadelphia and You Put Yourself in the Middle of America’s Most Important Location, at a Lower Cost

Relocate your business to the Greater Philadelphia region and you put yourself in the middle of everything. Strategically positioned between the financial capital of the world (New York City) and the political capital of the world (Washington D.C.), Greater Philadelphia’s location is a prime asset.

Greater Philadelphia is the place to get started faster, succeed sooner and never outgrow.

Market Position
When you relocate your business to Greater Philadelphia, you move closer to customers, partners and world-class transportation links. You'll have access to:

  • Highly skilled labor force
  • Excellent telecommunications
  • Some of the most affordable office space on the East Coast

Market Access

  • 100 million people are within a one-day drive
  • New York City and Washington D.C. are within a 2.5 hour drive
  • West Coast, Europe and South America are accessible via non-stop, 6-hour flights

Market Power

  • 6th highest gross metro product
  • 4th largest total personal income
  • 4th largest media market
  • A large market and a major economic force with a total 2005 population of 6.1 million people and total employment in 2006 of 2.9 million jobs
  • 2nd largest on the East Coast in terms of employment, population and income
  • 4th largest metropolitan region in the U.S. population, following only New York, Los Angeles and Chicago

Source: The Claritas demographic data based was used to estimate the total population, households and income located within a 200-mile radius of downtown Philadelphia; estimates were also derived for 10 other large cities (New York, Washington, D.C., Boston, Atlanta, Detroit, Chicago, Houston, Dallas, Los Angeles and San Francisco).

 



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