SEPTA ECONOMIC IMPACT
SEPTA drives the economy of Pennsylvania. The five counties of southeastern Pennsylvania generate 41 percent of the state's economic activity with 32 percent of its population on just five percent of its land. This degree of economic productivity and density is not possible without transit to efficiently move people throughout the region. The following represents a comprehensive account of SEPTA's expansive and catalytic economic impact.
Access to rail transit increases property values. Models allow economists to isolate this value through analysis of home sales. On average, suburban residential property values in southeastern Pennsylvania are 7.4 percent higher, totaling $14.5 billion in added home value associated with SEPTA's Regional Rail & Norristown High Speed Line. Search for an address on the heat map below to learn more about SEPTA's positive impact in your community.
The economic model used to quantify suburban property value impacts does not translate directly to the City of Philadelphia because SEPTA's service is too comprehensive to isolate its impact. A new model is being developed to quantify City property value impacts.