Allowing Pats Steaks to Sell on Sidewalk Near Their Restaurant

Business Climate

• Total business licenses: 95,000
• Small businesses (<50 employees): 97.2%
• Business privilege tax rate: 1.415%
• Net income tax rate: 6.20%
• Commercial vacancy rate: 14.5%

City of Philadelphia Commerce Dept 2023

Labor & Employment

• Total employed residents: 697,000
• Union membership: 14.2%
• PA state minimum wage: $7.25/hr
• City wage tax (residents): 3.75%
• City wage tax (non-residents): 3.44%

BLS 2023, City of Philadelphia Revenue Dept

City Budget

• Total FY2025 operating budget: $6.3 billion
• General Fund: $5.6 billion
• Police Dept: $885 million
• Human Services: $520 million
• Fire Dept: $298 million

City of Philadelphia FY2025 Operating Budget