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Greater Philadelphia



 
 
 
 
   
   


Greater Philadelphia
Finding the People You Need to Succeed

Greater Philadelphia offers a rich talent pool with a wealth of proven professionals, from experienced executives to entrepreneurs and skilled professionals.

World-class colleges, universities, and research institutes prepare people for
careers in every field. The business community here has attracted three
times the national average of engineers, architects, scientists, and computer
professionals.

Source: Bureau of Labor and Statistics,
LocationQuotient, compiled by Select Greater Philadelphia; Union Stats, from Census Population Survey 2003; U.S.Census Bureau 2002, 2003 American Community Survey


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An Educated Workforce

At the post-secondary level, the region has more than 80 colleges and
universities that offer undergraduate, graduate and professional degrees across the academic spectrum.

High school graduate or above - 87%

Baccalaureate or above - 31.2%

Advanced degrees - 10.5%

Source: U.S. Census Bureau 2002, 2003
American Community Survey

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Greater Philadelphia’s Employment by Sector
Trade, Transportation & Utilities – 19.54%
Education & Health Services – 17.87%
Professional & Business Services – 14.70% Government – 12.96%
Manufacturing – 8.37%
Financial Activities – 7.87%
Leisure & Hospitality – 7.75%
Other Services – 4.45%
Construction, Nat. Resources & Mining – 4.50% Information Services – 1.98%

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Positive Growth and a Low Cost of Living
The Greater Philadelphia Region encompasses 11 dynamic, business-friendly counties in Southeastern Pennsylvania, Southern New Jersey and Northern Delaware. Total population is 5,743,491.

The labor force of the Greater Philadelphia region is three million strong, representing many different occupations.

The cost of living in Greater Philadelphia is 50 percent lower than in the New York, Boston, or San Francisco metro regions.

Corporate space costs significantly less than comparable space in New York City, Washington D.C., Raleigh/Durham or Silicon Valley. In addition, the region has more than 131 million square feet of office space available.

Capitalizing on advantages in people, ideas, and investments capital, Greater Philadelphia excels in the following fast-growing clusters:

Life/bioscience
Science and chemicals
IT & communications
Financial Services

The Greater Philadelphia region all adds up to a great quality of life and a great place to grow your business.

Source: Bureau of Economic Analysis - Regional Economic Accounts, 2002; Bureau of Labor and Statistics 2003, Cities Ranked and Rated 2004 

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