Philadelphia is a city in Mississippi state in USA with a population of 7137 residents.. The poverty rate of Philadelphia is 26.2%, which is 87% higher than national average. The typical household in Philadelphia earns $39472 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 11 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 66.5% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Philadelphia are struggling financially. Nearly one in every 1 in every 7 workers in Philadelphia is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Philadelphia, only 86% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Philadelphia remained 14.1%, which is 200% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Philadelphia, only 22% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Philadelphia is 80, which is 20% lower than national average. Median home value in Philadelphia is $88300 , which is 62% lower than national average. While median income in Philadelphia remained $39472, which is 42% lower than national average.