Philadelphia is home to over 80 colleges and universities, including the Ivy League’s University of Pennsylvania. As a result, the city attracts not only students but also many highly specialized entrepreneurs, professionals and operators.
Why invest in Philadelphia:
- 5th city by population in the U.S.
- 8th city by GDP in the U.S.
- Important university center
- Airport hub
- Tourism, the first U.S. capital
If you are wondering how to invest profitably today and want to invest in real estate in the USA, book a consultation with ITL Real Estate now.
WHY INVEST IN PHILADELPHIA
It is the first city in the United States to be named a UNESCO World Heritage Site: the friendly East Coast metropolis received the prestigious recognition for its rich historical, cultural and artistic value. Philadelphia is the largest city in the state of Pennsylvania and the sixth most populous city in the United States. The area has a population of 7.2 million people, making it the eighth most populous area in the United States, with a gross domestic product of $431 billion, which is the eighth largest metropolitan economy in the country.
The city attracts 42 million domestic tourists annually who spend $6.8 billion, generating an estimated $11 billion in total economic impact for the city and four Pennsylvania counties. Philadelphia has the third largest concentration of students on the East Coast, with more than 120,000 in the city alone and nearly 300,000 college students in the metropolitan area. The Philadelphia region is home to more than 80 colleges, universities, business schools, and trade schools. In 2018, the University of Pennsylvania was ranked as the fifth largest business and management university in the world.
NUMBERS OF PHILADELPHIA
- GDP: $431 billion, the 8th largest city in the USA
- POPULATION: 6th most populous city in the United States with 7.2 million residents
- TOURISM: 42 million domestic tourists, for an estimated revenue of $11 billion.
- ARCHITECTURE: City Hall, the tallest marble building in the world.
- UNIVERSITIES: 300,000 undergraduate students at more than 80 colleges and universities.
- ENTERPRISE: Home to 6,000 foreign companies.
- CULTURE: the first American Unesco heritage city
