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Philadelphia city, PA
ZIP 19120 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Working ClassLarge CommunityLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in Philadelphia city, PA (19120)
Median Income
$51,993
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+3,100
Wealth inflow
Population
68,078
Unemployment
8.4%
4.7pp above US avg
IRS migration statistics show a net inflow of about 3,100 for ZIP 19120 (Philadelphia city, PA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 19120 (2020–Present)
Since 2020, population declined 8.3%, median income rose 13.2% (inflation-adjusted), home values increased 14.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $51,993 |
| Unemployment | 8.4% |
| Establishments | 654 |
| Employees | 7,777 |