Summary
The Adverse Consequences of Philadelphia’s Continuing Population Loss report analyzes trends in population decline and the impact on the City’s financial health, tax base, and service demand. It finds that Philadelphia has struggled to attract new residents, particularly foreign immigrants, who could help offset domestic outmigration. The report warns that the loss of working-age residents and families could further erode wage tax revenue while increasing demand for social services. It calls for strategic policy interventions to reverse these trends, including improvements in public education, economic development initiatives, and policies to attract and retain residents.