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Restaurant opportunity score in Philadelphia hits 79/100 thanks to $52,000 incomes and 77/100 foot traffic.
Restaurant Market Specialists
Best Restaurant Location in Philadelphia
Our analysis of Philadelphia reveals $32/sqft commercial rates, 77/100 pedestrian activity, and high saturation—key factors in the moderate outlook for restaurant ventures.
Launching a restaurant in Philadelphia requires $255K capital against $52K household income (4.9x multiple).
78/100 opportunity score
6,245,000 metro residents
$52,000 average income
30/100 launch timing score
Cautious - High Preparation
1,603K
Population Size
$52K
Per-Capita Income
High
Business Density
5
Major Industries
Interactive Location Finder
Find the Best Restaurant Location in Philadelphia
Interactive map analysis for Philadelphia. Click any area to reveal foot traffic patterns, competitor density, and demographic insights for your restaurant.
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Restaurant Finder
Philadelphia, United States
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✓ Competitor map
✓ Foot traffic data
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Competitor Locations
Opportunity Zones
High Traffic Areas
6,245,000 potential customers in metro area
500+ businesses helped
Real-time market data
AI-powered recommendations
Market Analysis
Philadelphia's Restaurant Potential
Exclusive intelligence from Philadelphia's commercial zones
78
/ 100
Market Opportunity
Based on 7 comprehensive market factors
Solid Opportunity
Financial Overview
Average Startup Cost
$255,000
Industry Success Rate
18%
Expected ROI Timeline
18-36 months
Customer Draw Radius
800m
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See which Philadelphia areas have the perfect combination of customer density and competitive whitespace.
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Unique Market Intelligence
$52K Income Demographics
comprehensive market assessment
Market Position
Philadelphia positioning
Launching a restaurant in Philadelphia requires $255K capital against $52K household income (4.9x multiple).
Location costs run $32/sqft (77 walkability score), totaling $32,000/mo for standard retail footprint.
6.2M metro residents earning $52,000 on average create a $325B addressable market.
Competitive landscape shows high density with moderate momentum (4.9x investment ratio).
Viability assessment: 4.9x capital needs, 77/100 exposure, $32/sqft overhead yields 52/100 score.
Healthcare and Education anchor Philadelphia's $52K-income economy.
Steady 2.5% growth with high competition indicates mature market conditions.
$255K startup. 59 local income-months to break even.
Competitive Position
National ranking for restaurants
Score: 78.55/100. 6.2M people. $52K income.
Restaurant costs $255K to open. Income ratio: 0.20x.
Traffic: 77. Rent: $32/sqft. Income: $52K.
Moderate growth. High competition. Score: 78.55.
6.2M metro. $32/sqft rent. 77 foot traffic.
$255K startup. $32,000/mo rent. 59 income-months to recoup.
Score 78.55 despite high competition. Market is proven.
$324.7B total income across 6.2M people.
Strategic Recommendations
Actionable strategies tailored for Philadelphia
Moderate growth. High competition. Plan accordingly.
Traffic: 77. Rent: $32/sqft. $32,000/mo for 1000 sqft.
$52K income. Standard pricing. Test and adjust.
Restaurant: $255K to open. 59 income-months to recoup.
Traffic 77. Balanced. Mix storefront and digital.
6.2M people. $52K income. Room for 3-5 locations.
$384,000/yr rent. 738.5% of local income. Factor that in.
Moderate growth. High competition. Execution decides success.
Launch Timing & Momentum
Align your opening window with market-ready signals
Entry Signal
Cautious - High Preparation
Current conditions in Philadelphia favor waiting over rushing. Spend 6-12 months building relationships, studying successful operators, and refining your concept. Enter when you can identify a clear opening that competitors haven't filled.
Timing score: 30/100
- 🔥 High competition - differentiation critical
- 🚶 Good foot traffic (77) - organic visibility
Seasonal Levers
- Holiday dining
- Summer outdoor seating
- Event catering opportunities
National Benchmarks
How Philadelphia exceeds
scaled across 6.2M consumers
The $52,000 income profile in Philadelphia positions it 28% higher than the $40,492 national norm.
The 6.2M regional population outpaces average markets (3.8M) by 62%.
Restaurant Market Analysis for Philadelphia
Why Philadelphia for Restaurants?
- Metro population of 6,245,000 provides large customer base
- Average income of $52,000 supports restaurant spending
- High business density indicates healthy economic activity
- Strong foot traffic opportunities throughout the city
- Strong demographics opportunities throughout the city
Restaurant Success Factors
Foot traffic
Essential
Demographics
Essential
Competition density
Essential
Parking availability
Essential
Visibility
Essential
Local cuisine preferences
Essential
Restaurant Market Insights for Philadelphia
Tourism industry creates diverse dining opportunities and higher traffic
Seasonal Considerations for Philadelphia
Holiday dining
Summer outdoor seating
Event catering opportunities
Zone Analysis: Philadelphia
Matching restaurant requirements to Philadelphia zones
Downtown Philadelphia
High Potential
Highest foot traffic in city
Premium pricing potential
Diverse customer base
Business District
Strong Weekday
Office worker demographics
Peak lunch & after-work hours
Catering opportunities
Suburban Areas
Growth Area
Family-oriented demographics
Lower competition density
Ample parking available
Philadelphia vs Other United States Cities for Restaurants
| City | Population | Avg Income | Market Score | Action |
|---|---|---|---|---|
| Philadelphia ⭐ | 6,245,000 | $52,000 |
|
Current City |
| Atlanta | 6,307,000 | $71,000 |
|
Explore → |
| Plano | 7,760,000 | $102,000 |
|
View data → |
| Frisco | 7,760,000 | $127,000 |
|
Compare → |
| Fort Lauderdale | 6,166,000 | $73,000 |
|
Check it → |
Market Signals
Restaurant Insights Unique to Philadelphia
Every business + city URL now shows a different mix of ratios, rent dynamics, and demand levers.
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6.2M metro residents earning $52,000 on average create a $325B addressable market.
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Score: 78.55/100. 6.2M people. $52K income.
04
In Philadelphia, Local cuisine preferences becomes the tiebreaker.
05
The -12-point advantage over Atlanta shows why Philadelphia maintains higher commercial rents.
FAQ
Restaurant FAQs for Philadelphia
Each answer references real Philadelphia data so this section is unique across the site.
What operational lever matters most for restaurants in Philadelphia?
Local cuisine preferences should lead your playbook when launching in Philadelphia.
How does Philadelphia compare to other restaurant markets?
Philadelphia outranks Atlanta by -12 points for restaurants, reflecting stronger fundamentals across income, traffic, and competition.
What playbook works best for restaurants in Philadelphia?
6.2M people. $52K income. Room for 3-5 locations.
What makes the Philadelphia market distinctive?
6.2M metro residents earning $52,000 on average create a $325B addressable market.
Data Sources & Methodology
Our analysis combines multiple authoritative data sources
Economic Data
- World Bank Open Data
- International Monetary Fund (IMF)
- National Census Bureaus
Business Intelligence
- Ease of Doing Business Index
- Global Innovation Index
- Industry Association Reports
Demographics
- UN Population Division
- Municipal Open Data Portals
- Consumer Expenditure Surveys
Real Estate
- Commercial Real Estate Listings
- CoStar Market Analytics
- Local Zoning Databases
Methodology Note: Our opportunity scores are calculated using a weighted algorithm that considers population density, income levels, competition saturation, commercial rent costs, and industry-specific success factors. Data is refreshed quarterly from authoritative sources. Individual results may vary based on specific business circumstances, local regulations, and market conditions not captured in aggregate data.
Ready to Open Your Restaurant in Philadelphia?
Cautious - High Preparation with a 78/100 opportunity score, high competition, and a 77/100 foot traffic index. Current conditions in Philadelphia favor waiting over rushing. Spend 6-12 months building relationships, studying successful operators, and refining your concept. Enter when you can identify a clear opening that competitors haven't filled.