Philadelphia, PA — income, home value, property tax, and sales tax.
In ZIP code 19102, which sits in Philadelphia, households earn a median of $102,093, while per-capita income reaches $103,817. A median home value of $479,000 pairs with a county property tax rate of 0.82%, translating to roughly $3,928 in annual property taxes before any exemptions. Add an 8.00% combined sales tax on purchases, and daily spending carries a noticeable premium. Even with six-figure earnings, carrying costs on a home near half a million dollars plus elevated consumption taxes absorb a meaningful share of income, so buyers here should weigh ongoing tax obligations alongside mortgage payments when planning their finances.
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