To evaluate how well a city is managed over the long-term, 24/7 Wall St. looked at factors like the city’s credit rating, poverty, education, crime, unemployment and regional GDP.
6. Seattle, Wash.Population: 620,778Credit rating: Aaa, stable outlookViolent crime per 1,000 people: 5.93 (45th lowest)Unemployment rate: 7.5% (tied- 23rd lowest)
5. Fremont, Calif. Population: 216,912Credit rating: Not ratedViolent crime per 1,000 people: 1.77 (6th lowest)Unemployment rate: 7.5% (tied- 23rd lowest)
3. Irvine, Calif.Population: 215,511Credit rating: Not ratedViolent crime per 1,000 people: 0.56 (the lowest)Unemployment rate: 6.5% (tied- 11th lowest)
2. Madison, Wis.Population: 236,889Credit rating: Aaa, stableViolent crime per 1,000 people: 3.48 (15th lowest)Unemployment rate: 4.9% (2nd lowest)
1. Plano, TexasPopulation: 271,380Credit rating: Aaa, no outlookViolent crime per 1,000 people: 1.62 (2nd lowest)Unemployment rate: 6.9% (13th lowest)
Worst run cities:
6. Modesto, Calif.Population: 202,761Credit rating: not ratedViolent crime per 1,000 people: 6.94 (39th highest)Unemployment rate: 14.6% (7th highest)
5. Hialeah, Fla.
Population: 229,967Credit rating: not ratedViolent crime per 1,000 people: 3.78 (18th lowest)Unemployment rate: 14.1% (tied- 9th highest)
4. Detroit, Mich.Population: 706,640Credit rating: Caa1, negative outlookViolent crime per 1,000 people: 21.37 (the highest)Unemployment rate: 19.9% (2nd highest)
10. Stockton, Calif.Unemployment: 14.1%12-month unemployment change: -1.7 percentage pointsPct. below poverty line: 18.1%
2. Miami, Fla.Population: 408,760Credit rating: A2, negative outlookViolent crime per 1,000 people: 11.98 (12th highest)Unemployment rate: 12.4% (17th highest)
1. San Bernardino, Calif.Population: 213,008Credit rating: not ratedViolent crime per 1,000 people: 8.76 (27th highest)Unemployment rate: 17.6% (3rd highest)
The city filed for bankruptcy in 2012.
To see all the cities on the list, go to 247wallst.com.
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