More People Moving Into Philly Than Out
According to a new report, since 1993 the rate of people moving into Philadelphia has steadily increased while the rate of people leaving has dwindled. This report was released on Wednesday by the Pew Charitable Trusts’ Philadelphia Research Initiative, based on IRS data.
The number of people moving into the city has steadily increased from 31,837 in 1993 to 52,096 in 2008. Population growth in Philadelphia is due to a greater number of births than deaths and an increase of immigrants and empty nesters moving from the suburbs to the city.
These trends point to a reversal of long-term decline in the city’s population. For six decades people generally fled Philadelphia for the surrounding suburbs.
Check out Philly.com for more on this story.
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