Feb 25 2013

 

 

 

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Forbes Magazine has published a list of the twenty most miserable cities in America. Not surprising is that Michigan has both Detroit and Flint up near the top. Very surmising is that New York is number 10 on the list ahead of such cities as Camden, Cleveland and Baltimore! Take a look at this interesting list.

#1 Detroit, Mich.

Violent crime in the Detroit metro was down 5% in 2011, but it remains the highest in the country with 1,052 violent crimes per 100,000 people, according to the FBI. Home prices were off 35% the past 3 years, which is the biggest drop in the U.S.

#2 Flint, Mich.

Flint has been demolishing homes as the city shrinks with residents leaving in search of jobs. Only Detroit has a higher net out-migration rate. Flint ranks third worst for violent crime, behind Detroit and Memphis.

#3 Rockford, Ill.

A three decade decline in the manufacturing base has hurt Rockford's economy and kept unemployment high. The metro’s recent 11.2% unemployment rate is one of the highest rates in the U.S. Another burden: high property tax rates.

#4 Chicago, Ill.

Chicago has passionate supporters, but residents must endure the misery of long commutes, plummeting home prices, brutal winters and high foreclosure rates. The migration rate out of Chicago is the sixth worst among the 200 largest metros.

#5 Modesto, Calif.

Foreclosures continue to plague Modesto with 6,859 foreclosure filings in 2012, according to RealtyTrac. It represents 3.8% of homes, which is the third highest rate in the U.S. Recent unemployment was 15%.

See the rest of the list here....