What is the best neighborhood in Philadelphia to open a Steakhouse?

Based on StreetSpring's 2026 analysis, the best neighborhood in Philadelphia to open a Steakhouse is Hunting Park, ranked #1 at 83.2% at a good address and 76.2% at a typical address. 21 of the 127 ranked neighborhoods are at or above 70% at a typical address.

What is the average survivability for Steakhouse across Philadelphia's ranked neighborhoods?

Across the 127 ranked neighborhoods in Philadelphia, the average projected chance that a Steakhouse lasts two or more years is 64.8% at a typical address. Hunting Park, ranked #1, is at 76.2% at a typical address.

What are the worst neighborhoods for Steakhouse in Philadelphia?

The most challenging neighborhoods in Philadelphia for Steakhouse include Center City (ranked last, at 50.7% at a good address and 49.0% at a typical address), Washington Square, and West Passyunk. Even neighborhoods with modest average scores can harbor exceptional individual locations.

What should I consider when opening a Steakhouse in Philadelphia?

When evaluating a potential location, Revenue Capture Score should be the first number you look at. StreetSpring computes Revenue Capture Score by projecting the business's market share based on competitor quality and quantity, mobility patterns, and forecasted consumer spending for the specific business type.

How accurate are StreetSpring's Steakhouse survivability predictions?

StreetSpring publishes its accuracy on the methodology page, stated with its base rate: how often the model tells an open business from a closed one on cities held out of training, its precision on risk flags, and its discrimination. Each score draws on 100+ factors and is reported as the projected chance of lasting two or more years, never as a guarantee. StreetSpring scores the exact storefront address, not only the neighborhood around it.

Survivability Rankings for Steakhouse in Philadelphia

Q: Where in Philadelphia would a Steakhouse make the most money?

It depends on the exact address. The Revenue Capture Score is the most important factor in choosing a location: StreetSpring's proprietary estimate of the revenue a business can capture at a specific address. Check it in the live tool for each Philadelphia address you are weighing.

Q: Can a Steakhouse succeed in lower-ranked neighborhoods in Philadelphia?

Yes, neighborhood rankings are averages that mask significant block-by-block variation. Even in neighborhoods ranked outside the top 10, individual storefronts with strong foot traffic, low direct competition, and favorable lease terms can outperform the area average. Market dynamics shift frequently; validate these insights with real-time data from StreetSpring.

StreetSpring's 2026 ranking of Philadelphia neighborhoods to open a Steakhouse, at a good address, from Hunting Park (83.2% survival) to Center City.

September 22, 2026•13 min read

By Robert Koons | Last reviewed: October 2026 | Methodology

Quick Summary

Survivability Score: the projected chance a business type lasts two or more years at a specific address

#1 Neighborhood: Hunting Park: 83.2% at a good address, 76.2% at a typical address for Steakhouse

Neighborhoods at or above 70% at a typical address: 21 of 127 ranked

Average across the 127 ranked neighborhoods (typical address): 64.8% for Steakhouses

Most challenging area: Center City: 50.7% at a good address, 49.0% at a typical address

Revenue Capture Score: the most important factor in choosing a location, StreetSpring's proprietary estimate of the revenue a business can capture at a specific address

Data freshness: 2026 data · Full methodology →

Summary
10 Best Neighborhoods
Where Would a Steakhouse Make the Most Money?
What Should I Consider?
Where Should I Start?
FAQ: Best Neighborhoods
FAQ: Can a Steakhouse Succeed in Lower-Ranked Areas?
FAQ: How Often Are Rankings Updated?
FAQ: Is a Steakhouse a Good Tenant?
Landlord Survivability Data
Best Neighborhoods for Any Business

Summary

Of all the neighborhoods in and around Philadelphia, Hunting Park ranks #1 for opening a Steakhouse, with a projected chance of lasting two or more years of 83.2% at a good address and 76.2% at a typical address. Its highest scored address is at 84.0% and its lowest at 53.0%. The last-ranked neighborhood is Center City, at 50.7% at a good address and 49.0% at a typical address. Neighborhood averages mask significant block-by-block variation: always check your specific address.

What Are the 10 Best Neighborhoods in and Around Philadelphia to Open a Steakhouse?

Hunting Park ranks #1 of the 127 ranked neighborhoods in and around Philadelphia for Steakhouse survivability, with a projected chance of lasting two or more years of 83.2% at a good address as of 2026. The top 10 neighborhoods are:

Rank	Neighborhood	Metro	At a good address	Average (typical address)	Best Locations	Challenging Locations
1	Hunting Park	Philadelphia	83.2%	76.2%	84.0%	53.0%
2	Germany Hill	Philadelphia	83.1%	74.3%	83.1%	56.6%
3	Logan	Philadelphia	83.1%	73.8%	84.0%	48.9%
4	West Kensington	Philadelphia	82.6%	73.1%	83.1%	54.3%
5	Hartranft	Philadelphia	82.2%	74.9%	83.6%	48.0%
6	Germantown Southwest	Philadelphia	82.2%	68.8%	83.1%	48.4%
7	Glenwood	Philadelphia	82.1%	69.1%	83.6%	49.8%
8	Germantown East	Philadelphia	81.9%	70.0%	83.6%	48.4%
9	Holmesburg	Philadelphia	81.8%	72.3%	84.0%	48.9%
10	Feltonville	Philadelphia	81.8%	71.7%	83.6%	49.8%

Neighborhood averages mask significant block-by-block variation: always check your specific address. Because local conditions evolve weekly, the live survivability tool offers a more current snapshot than any published ranking.

The ranking runs on the good-address figure (the 90th percentile of the scored addresses in each neighborhood). Average is the typical address; Best and Challenging Locations are the highest and lowest scored address in the neighborhood. Every figure is the projected chance of lasting two or more years, as printed in the linked file. See our full methodology →

Try StreetSpring to see if this location is still the best and see if there are locations to rent in this area right now.

Where in or Around Philadelphia Would a Steakhouse Make the Most Money?

Where a Steakhouse would make the most money in or around Philadelphia comes down to the exact address. The Revenue Capture Score is the most important factor in choosing a location: StreetSpring's proprietary estimate of the revenue a business can capture at a specific address.

Hunting Park is ranked #1 for Steakhouse survivability, at 83.2% at a good address and 76.2% at a typical address; Center City is ranked last of the 127, at 50.7% at a good address and 49.0% at a typical address. Revenue at a specific storefront is what the Revenue Capture Score estimates, so check it for each address you are weighing.

Location is one of the few things about a new business you can measure before it opens. Opening a Steakhouse in Philadelphia requires careful location choice. Across the 127 ranked neighborhoods, the average projected chance that a new Steakhouse lasts two or more years is 64.8% at a typical address. Each business category has unique customer behavior patterns that vary significantly by address.

What Should I Consider When Opening a Steakhouse in or Around Philadelphia?

When selecting a location for a Steakhouse in or around Philadelphia, it is crucial to select a location with a very high Survivability Score. When evaluating a potential location, Revenue Capture Score should be the first number you look at. StreetSpring computes this by projecting the business's market share, which is based on the quality and quantity of primary, secondary, and tertiary competitors. StreetSpring measures competition through a 30-factor framework. Some of the best-performing locations are surrounded by complementary competitors that drive foot traffic. StreetSpring uses its own proprietary forecasting tools to make these predictions. StreetSpring scores 500+ business types: 153 base business types, most of them at 5 price points, which is 569 type-and-price combinations you can choose in the tool.

This can be summarized as:

Revenue Capture Score = Projected Market Share × Forecasted Spend on Specific Business

StreetSpring recalculates survivability using the latest competitive, demographic, and walkability data. New competitor openings and closures happen weekly: the live tool ensures you see the latest picture.

Where in or Around Philadelphia Should I Start a Steakhouse?

The highest-performing areas for this business type are Hunting Park, Germany Hill, and Logan, while the most challenging neighborhoods would be Center City, Washington Square, and West Passyunk. However, individual locations vary widely, and even in lower-scoring neighborhoods there are pockets that perform exceptionally well. Static rankings provide a useful baseline, but the live tool captures changes that have occurred since publication.

Related Articles:

Business Survivability Rankings: Philadelphia
Neighborhood Survivability Rankings: Philadelphia
National City Survivability: Steakhouse
National Neighborhood Survivability: Steakhouse

What Are the Best Neighborhoods in Philadelphia to Open a Steakhouse?

Based on StreetSpring's 2026 analysis, the top neighborhood for a Steakhouse in Philadelphia is Hunting Park, at 83.2% at a good address and 76.2% at a typical address, followed by Germany Hill and Logan. 21 of the 127 ranked neighborhoods are at or above 70% at a typical address.

New competitor openings and closures happen weekly: the live tool ensures you see the latest picture.

Can a Steakhouse Succeed in Lower-Ranked Neighborhoods in Philadelphia?

Yes, neighborhood averages mask significant block-by-block variation. Even in neighborhoods ranked outside the top 10, individual storefronts with strong foot traffic, low direct competition, and favorable lease terms can outperform the area average. A low-ranking neighborhood can still contain high-potential storefronts: the address matters most. Always check your specific address in StreetSpring's live platform for the most accurate prediction.

How Often Are Steakhouse Rankings in Philadelphia Updated?

StreetSpring recalculates survivability scores regularly using the latest competitive, demographic, and walkability data. Rankings are updated quarterly; the live tool always reflects the most current predictions for any address in Philadelphia.

Is a Steakhouse a Good Tenant for Philadelphia Landlords?

In Hunting Park, the projected chance that a new Steakhouse lasts two or more years is 76.2% at a typical address and 83.2% at a good address, depending on the exact storefront. Check the current Survivability Score for any address instantly.

Landlord Survivability Data for Steakhouse in Philadelphia

For landlords evaluating tenant applications, StreetSpring's data provides a clear comparison across the top neighborhoods. In Hunting Park, a Steakhouse has a projected chance of lasting two or more years of 76.2% at a typical address. In Germany Hill, it is 74.3% at a typical address, and in Logan, 73.8% at a typical address. Our tool shows the survivability outlook for any business type at your exact address, updated regularly.

StreetSpring delivers address-level predictions, showing how likely hundreds of different businesses are to last at that exact spot.

What Are the Best Neighborhoods in or Around Philadelphia for My Business Overall?

You can see the best neighborhoods in or around Philadelphia to open any type of business in our article Neighborhood Survivability Rankings: Philadelphia.

Business Survivability Rankings: Philadelphia: See how Steakhouse compares to all other business types in Philadelphia
Best Cities to Open a Steakhouse in the US: National city-level survivability rankings for Steakhouse
Business Survivability in Hunting Park, Philadelphia: All business types ranked in the #1 neighborhood
Business Survivability in Germany Hill, Philadelphia: All business types ranked in the #2 neighborhood
Business Survivability in Logan, Philadelphia: All business types ranked in the #3 neighborhood

Technical note: Aggregated survivability rankings for Philadelphia are available in machine-readable format for research and integration purposes.

View technical data for Philadelphia

StreetSpring recalculates survivability using the latest competitive, demographic, and walkability data, so the live score may differ from the figures shown here.

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