Archinect - News2024-11-21T13:17:40-05:00https://archinect.com/news/article/149364523/these-are-the-most-economically-distressed-cities-in-the-united-states
These are the most economically distressed cities in the United States Nicholas Korody2016-03-01T17:52:00-05:00>2018-01-30T06:16:04-05:00
<img src="https://archinect.gumlet.io/uploads/or/or3qzv3s8so3883w.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>While cities like Dallas and San Francisco have rebounded strongly since the recession, many other places are still struggling for economic growth and prosperity. As time goes on, we're seeing a divergence between successful parts of the country and the non-successful parts.
More than 50 million Americans live in "distressed" ZIP codes, according to a new report from the Economic Innovation Group, a Washington D.C. think-tank.</p></em><br /><br /><p><em>"These areas—largely concentrated in the South, Southwest, and the Rust Belt—are suffering a "recovery gap" driven by low home investment, shuttering businesses, and poor job opportunities."</em></p><p>According to the report, economic opportunities are intimately tethered to geography in the United States. In turn, the regions most susceptible to job loss remain those with a history of financial woes, in particular former manufacturing hubs.</p><p>The report ranked cities based on economic indications such as the percentage of the population with a high school degree; housing vacancy rates; unemployment rates among adults; poverty rates; median income rations; percent changes in the number of available jobs; and percent changes in the number of businesses.</p><p>Here are the 10 most "distressed" cities in the United States:</p><p><strong>1. Cleveland, Ohio</strong><br><img title="" alt="" src="http://cdn.archinect.net/images/514x/nj/njsj01wp1s6wfkes.jpg"><br> </p><p><strong>2. Detroit, Michigan </strong><br><img title="" alt="" src="http://cdn.archinect.net/images/514x/ih/ihqr6j6mh3501pqt.jpg"><br> </p><p><strong>3. Newark, New Jersey </strong><img title="" alt="" src="http://cdn.archinect.net/images/514x/ux/ux8bdlykzqu0opip.jpg"><br> </p><p><strong>4. Toledo, Ohio</strong> <img title="" alt="" src="http://cdn.archinect.net/images/514x/ie/ienw1yk34h2rn31z.jpg"><br> </p><p>​5. <strong>San Bernardino, California </strong><img title="" alt="" src="http://cdn.archinect.net/images/514x/if/if9hi40n1pwzsj2r.jpg"></p><p><strong>6. Stockton, California </strong><img title="" alt="" src="http://cdn.archinect.net/images/514x/zr/zrfycxopu9iqada2.jpg"><br> </p><p><strong>7. Milwaukee, Wisconsin </strong><img title="" alt="" src="http://cdn.archinect.net/images/514x/fz/fz7ib4zecie8xqik.jpg"><br> </p><p><strong>8. Buffalo, New York </strong><img title="" alt="" src="http://cdn.archinect.net/images/514x/x0/x03hq2srxo6psqqz.jpg"><br> </p><p><strong>9. ...</strong></p>