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