WalletHub: AZ cities rank low on list of 'most recession recovered'

Published: Sep. 14, 2015 at 12:18 PM MST|Updated: Nov. 9, 2015 at 1:18 PM MST
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TUCSON, AZ (Tucson News Now) - While many cities across the United States have bounced back from the recession that officials say ended six years ago, Arizona cities are not doing so well, according to a recent survey.

The highest ranking of an Arizona city, was Scottsdale at 114, Tucson ranked the worst at 149 on a national list of 150 cities surveyed.

WalletHub used the following criteria to determine the rankings for this list: The inflow of college-educated workers, to the number of new businesses, to home-price appreciation.

Here is how Tucson ranked using the study criteria:

  • 101 – Home Price Appreciation
  • 138 – Poverty Rate
  • 133 – Ratio of Part-Time to Full-Time Jobs
  • 114 – Unemployment Rate
  • 68 – Violent-Crime Rate
  • 140 – Inflow of College-Educated Workers
  • 80 – Foreclosure Rate
  • 124 – Public Assistance Rate
  • 73 – Consumer Non-Housing Debt
  • 128 – Labor-Force Participation Rate

With Scottsdale as the highest ranked at 114 and Tucson at 149, here is how the remaining large cities in Arizona ranked - Gilbert 120; Chandler 121; Peoria 129; Phoenix 139; Tempe 144; Glendale 146.

To find out more about the report click here.

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