Philadelphia, TN
Population 722 · Tennessee
About Philadelphia, TN
Philadelphia is a small community located in Tennessee with a population of 722 residents according to the latest US Census Bureau American Community Survey data. The median household income is $68,618 per year, which is 9% below the national median of $75,149. The median age of 34.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Philadelphia features a median home value of $118,800, which is 51% 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 $882, 24% below the national average of $1,163/month. Of the 302 total housing units, 75% are owner-occupied (193 units) and 25% are renter-occupied (65 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Philadelphia shows an unemployment rate of 18.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 10.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Philadelphia have an average one-way commute time of 22.1 minutes.
Education & Demographics
15.0% 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 6.0% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.5% of the population being foreign-born.
Cost of Living in Philadelphia, TN
Compared to national averages, Philadelphia has a median household income of $68,618 (9% below the national median of $75,149). Home values average $118,800, which is 51% below the national median. Monthly rent at $882 is 24% below the US average of $1,163. Within Tennessee, Philadelphia's income is 9% above the state average of $62,849, and home values are 45% below the state median of $214,371.
Why Live in Philadelphia, TN?
Philadelphia offers affordable housing with a median home value of $118,800, below the US average of $244,900, and rent that’s lower than the national average at $882/month, and a low poverty rate of 10.0%, better than the national average. Additionally, the city features short commute times averaging just 22.1 minutes.
Potential considerations include median household income ($68,618) 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 722 with a median age of 34.8 years. Compare Philadelphia with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Philadelphia
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Russellville | 719 | $47,214 | $96,000 | Compare |
| Rarity Bay | 728 | $82,143 | $654,500 | Compare |
| Palmer | 734 | $41,250 | $86,500 | Compare |
| Niota | 735 | $46,188 | $112,500 | Compare |
| Wartrace | 737 | $57,917 | $181,800 | Compare |
| Hollow Rock | 701 | $41,125 | $95,600 | Compare |
| Saltillo | 743 | $64,236 | $112,000 | Compare |
| Bethel Springs | 746 | $40,592 | $110,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Philadelphia
What is the population of Philadelphia, TN?
The population of Philadelphia, TN is 722 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Tennessee.
What is the median household income in Philadelphia?
The median household income in Philadelphia, TN is $68,618 per year, which is 9% below the national median of $75,149.
What is the median home value in Philadelphia?
The median home value in Philadelphia, TN is $118,800, which is 51% 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, TN is $882, which is 24% below the national average of $1,163/month.
What is the unemployment rate in Philadelphia?
The unemployment rate in Philadelphia, TN is 18.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Philadelphia, TN a good place to live?
Philadelphia offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 722 and a median age of 34.8, the city appeals to young professionals and families.
How educated is Philadelphia, TN?
15.0% 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, TN: median home value is $118,800 (51% below national), median rent is $882/month, and median household income is $68,618. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Philadelphia?
The poverty rate in Philadelphia, TN is 10.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Philadelphia, TN?
Philadelphia's population is 6.0% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 9.7% two or more races. 2.5% of residents are foreign-born.