Philadelphia, MS
Population 7,030 · Mississippi
About Philadelphia, MS
Philadelphia is a small town located in Mississippi with a population of 7,030 residents according to the latest US Census Bureau American Community Survey data. The median household income is $36,781 per year, which is 51% below the national median of $75,149. The median age of 41.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Philadelphia features a median home value of $95,600, which is 61% below the national median of $244,900. This makes Philadelphia one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $760, 35% below the national average of $1,163/month. Of the 3,206 total housing units, 65% are owner-occupied (1,826 units) and 35% are renter-occupied (969 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Philadelphia shows an unemployment rate of 11.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 32.2%, above the national average of 12.4%. Workers in Philadelphia have an average one-way commute time of 21.5 minutes.
Education & Demographics
20.5% of Philadelphia residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.5% White, 2.4% Hispanic or Latino, 0.5% Black or African American, and 0.0% Asian residents, with 0.7% of the population being foreign-born.
Cost of Living in Philadelphia, MS
Compared to national averages, Philadelphia has a median household income of $36,781 (51% below the national median of $75,149). Home values average $95,600, which is 61% below the national median. Monthly rent at $760 is 35% below the US average of $1,163. Within Mississippi, Philadelphia's income is 26% below the state average of $49,929, and home values are 24% below the state median of $125,705.
Why Live in Philadelphia, MS?
Philadelphia offers affordable housing with a median home value of $95,600, below the US average of $244,900, and rent that’s lower than the national average at $760/month, and short commute times averaging just 21.5 minutes.
Potential considerations include median household income ($36,781) that falls below the national average. However, Philadelphia’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Philadelphia has a population of 7,030 with a median age of 41.8 years. Compare Philadelphia with other cities to see how it stacks up, or explore all cities in Mississippi.
Similar Cities Near Philadelphia
Cities in Mississippi with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Kosciusko | 6,994 | $36,490 | $115,900 | Compare |
| Waveland | 7,066 | $58,795 | $201,800 | Compare |
| Holly Springs | 6,861 | $47,344 | $110,900 | Compare |
| Richland | 7,250 | $63,611 | $131,300 | Compare |
| Batesville | 7,432 | $46,492 | $190,800 | Compare |
| Amory | 6,564 | $51,592 | $140,700 | Compare |
| Gulf Park Estates | 6,517 | $62,100 | $196,800 | Compare |
| West Hattiesburg | 6,509 | $38,269 | $209,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Mississippi
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Philadelphia With Other Cities
Frequently Asked Questions about Philadelphia
What is the population of Philadelphia, MS?
The population of Philadelphia, MS is 7,030 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Mississippi.
What is the median household income in Philadelphia?
The median household income in Philadelphia, MS is $36,781 per year, which is 51% below the national median of $75,149.
What is the median home value in Philadelphia?
The median home value in Philadelphia, MS is $95,600, which is 61% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Philadelphia?
The median monthly rent in Philadelphia, MS is $760, which is 35% below the national average of $1,163/month.
What is the unemployment rate in Philadelphia?
The unemployment rate in Philadelphia, MS is 11.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Philadelphia, MS a good place to live?
Philadelphia offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 7,030 and a median age of 41.8, the city appeals to a broad range of residents.
How educated is Philadelphia, MS?
20.5% of residents in Philadelphia aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Philadelphia?
Key cost-of-living indicators for Philadelphia, MS: median home value is $95,600 (61% below national), median rent is $760/month, and median household income is $36,781. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Philadelphia?
The poverty rate in Philadelphia, MS is 32.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Philadelphia, MS?
Philadelphia's population is 0.5% White, 2.4% Hispanic or Latino, 0.5% Black or African American, 0.0% Asian, and 55.3% two or more races. 0.7% of residents are foreign-born.