Rittenhouse Square isn't just a neighborhood; it's a lifestyle. Imagine strolling through tree-lined streets with a Walk Score of 99, where everything you need is at your doorstep. From world-class dining to high-end boutiques, the vibrant energy of this Philadelphia gem is palpable. With a Transit Score of 100 and a Bike Score of 93, car ownership feels almost optional. While the median home value sits at $425,000, it's a worthwhile investment considering the unparalleled convenience and the neighborhood's desirability. Renters will find options around $1,760, and with a median household income of $82,112, residents enjoy a comfortable standard of living.
From an investment perspective, Rittenhouse offers stability and consistent demand. The homeownership rate is 39%, indicating a healthy mix of renters and owners. While the unemployment rate is slightly higher than the national average at 4.5%, the area's robust economy and proximity to job centers mean employment opportunities are readily available. With violent crime at 3.9 per 1,000 residents and property crime at 15.7, safety is a priority. The "Affordability Index" of 48 suggests that while not the cheapest option, the value proposition is strong. This neighborhood is ideal for young professionals, empty nesters, and anyone seeking a dynamic, walkable urban experience.
Rittenhouse also excels in quality of life. The air quality, with an AQI of 72, is considered moderate, allowing for outdoor enjoyment. Noise levels are generally quiet, ensuring a peaceful atmosphere. The area is known for its beautiful namesake square, which serves as a central gathering place, and its proximity to other attractions. Electricity rates hover around 12.9¢/kWh. Living here means embracing a blend of sophistication and accessibility, making it a truly unique and desirable place to call home.
Median Home Value
$425,000
Median Income
$82,112
Population
28,000
Walk Score
99
Air Quality
AQI 72
Moderate
Climate Risk
Relatively Moderate
- Population
- 28,000
- Median Age
- N/A
- Median Household Income
- $82,112
10% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- N/A
- Median Home Value
- $425,000
51% above nat'l avg
- Median Rent
- $1,760
51% above nat'l avg
- Homeownership Rate
- 39.0%
41% below nat'l avg
- Affordability Index
- 48
52% below nat'l avg
- Violent Crime Rate
- 3.9 per 1K
5% above nat'l avg
- Property Crime Rate
- 15.7 per 1K
10% below nat'l avg
- AQI
- 72
71% above nat'l avg
- Category
- Moderate
- Overall Risk
- Relatively Moderate
- Risk Score
- 61.3
Top Hazards
- Overall
- Quiet
- Road Traffic
- 0 dBA
100% below nat'l avg
- Aviation
- 0 dBA
100% below nat'l avg
- Rail
- 0 dBA
100% below nat'l avg
- Electricity Rate
- 12.9¢/kWh
22% below nat'l avg
- Est. Monthly Electric
- $116
15% below nat'l avg
- Unemployment Rate
- 4.5%
22% above nat'l avg
- Poverty Rate
- N/A
Weather & Climate in Rittenhouse
Avg High
66°F
Avg Low
48°F
Annual Rainfall
45.6"
Avg Humidity
67%
Political Landscape
→ Politically stable
Based on Philadelphia County county-level presidential election data
Culture & Things to Do in Rittenhouse
Rittenhouse Square Fine Art Show
An annual art show held in Rittenhouse Square Park.
Philadelphia Fringe Festival
A city-wide festival featuring performing and visual arts, with some events in Rittenhouse.
Rittenhouse Row Festival
A street festival showcasing the neighborhood's restaurants and shops.
Thanksgiving Day Parade
Philadelphia's annual Thanksgiving parade, which passes near Rittenhouse Square.