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Areas Hardest Hit By Financial Crisis
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10-01-2008, 01:53 PM
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#1 |
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egotistical prick
Trade: Wood Inlay
Join Date: Apr 2007
Location: Swartz Creek, Michigan
Posts: 2,633
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Areas Hardest Hit By Financial Crisis
Just something to keep in mind while wondering where the work is at, if you live in any of these areas...
Towns That Will Be Hit Hardest by Financial Crisis The cities are ranked by percent of people employed in finance, insurance, real estate, and leasing in 2007 as estimated by Claritas. All cities have a population of at least 20,000 people. Darien, Conn. Share population in finance and real estate: 27.23% Nearest large city: New York Population: 20,666 Median Household Income: $168,687 Bloomington, Ill. Share population in finance and real estate: 26.31% Nearest large city: Chicago Population: 70,395 Median Household Income: $54,971 Hoboken, N.J. Share population in finance and real estate: 23.33% Nearest large city: New York Population: 40,002 Median Household Income: $81,356 West Des Moines, Iowa Share population in finance and real estate: 22.15% Nearest large city: Des Moines Population: 54,627 Median Household Income: $61,303 Garden City, N.Y. Share population in finance and real estate: 20.22% Nearest large city: New York Population: 21,671 Median Household Income: $121,831 Summit, N.J. Share population in finance and real estate: 19.74% Nearest large city: New York Population: 20,618 Median Household Income: $111,497 Westport, Conn. Share population in finance and real estate: 19.39% Nearest large city: New York Population: 26,822 Median Household Income: $137,133 University Park, Tex. Share population in finance and real estate: 18.83% Nearest large city: Dallas Population: 24,582 Median Household Income: $110,976 Fruit Cove, Fla. Share population in finance and real estate: 18.76% Nearest large city: Jacksonville Population: 27,773 Median Household Income: $100,479 Wethersfield, Conn. Share population in finance and real estate: 18.73% Nearest large city: Hartford Population: 26,146 Median Household Income: $63,359 Mountain Brook, Ala. Share population in finance and real estate: 18.66% Nearest large city: Birmingham Population: 20,654 Median Household Income: $115,148 Lake Forest, Ill. Share population in finance and real estate: 18.60% Nearest large city: Chicago Population: 21,289 Median Household Income: $150,795 Urbandale, Iowa Share population in finance and real estate: 18.52% Nearest large city: Des Moines Population: 36,427 Median Household Income: $68,825 Normal, Ill. Share population in finance and real estate: 17.28% Nearest large city: Chicago Population: 50,687 Median Household Income: $45,641 West Hartford, Conn. Share population in finance and real estate: 16.67 % Nearest large city: Hartford Population: 63,782 Median Household Income: $71,550 Newport Beach, Calif. Share population in finance and real estate: 16.56% Nearest large city: Los Angeles Population: 73,542 Median Household Income: $97,593 Westchase, Fla. Share population in finance and real estate: 16.45% Nearest large city: Tampa Population: 22,028 Median Household Income: $98,383 Rockville Centre, N.Y. Share population in finance and real estate: 16.29% Nearest large city: New York Population: 24,109 Median Household Income: $94,498 Naples, Fla. Share population in finance and real estate: 16.1% Nearest large city: Fort Myers Population: 22,439 Median Household Income: $75,200 Ridgewood, N.J. Share population in finance and real estate: 15.94% Nearest large city: New York Population: 24,742 Median Household Income: $119,936 |
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10-01-2008, 02:01 PM
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#2 | |
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Pro
Trade: Squirrel Handler
Join Date: May 2006
Location: Chicago
Posts: 3,432
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Re: Areas Hardest Hit By Financial CrisisQuote:
Easy to read version
__________________
Some people climb mountains. I take out the trash. But we both do it for the same reason. |
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10-01-2008, 04:17 PM
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#3 |
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Dmax Consulting
Trade: Paint Contractor
Join Date: Jul 2008
Posts: 84
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Re: Areas Hardest Hit By Financial Crisis
hmmmm
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10-01-2008, 05:01 PM
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#4 |
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Motorboatin' son of a ...
Trade: General Contractor
Join Date: Feb 2008
Location: Orange County, CA
Posts: 1,069
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Re: Areas Hardest Hit By Financial Crisis
Of the 49 metropolitan areas with a Census 2000 population of 1 million or more, Riverside-San Bernardino-Ontario, Calif., reported the highest unemployment rate in August 2008, 9.2 percent, followed by Detroit-Warren-Livonia, Mich., at 8.8 percent.
Bureau of Labor Statistics METROPOLITAN AREA EMPLOYMENT AND UNEMPLOYMENT: AUGUST 2008 http://www.bls.gov/news.release/pdf/metro.pdf The Effects of Increasing Foreclosure and Unemployment Rates on House Prices http://www.pmi-us.com/media/pdf/prod..._eret08v4s.pdf [IMG]file:///C:/Users/Brian/AppData/Local/Temp/moz-screenshot-1.jpg[/IMG] Last edited by BKFranks; 10-01-2008 at 05:06 PM. |
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10-01-2008, 05:32 PM
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#5 |
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Pro
Trade: Remodeler
Join Date: Sep 2005
Posts: 2,171
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Re: Areas Hardest Hit By Financial Crisis
NJ is definitely going to take a hit. We have drug companies to fall back on but a lot of people I have done work for commute to NY for financial jobs.
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10-01-2008, 07:55 PM
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#6 | |
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egotistical prick
Trade: Wood Inlay
Join Date: Apr 2007
Location: Swartz Creek, Michigan
Posts: 2,633
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Re: Areas Hardest Hit By Financial CrisisQuote:
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10-01-2008, 08:16 PM
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#7 | |
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Professional Instigator
 
Trade: Design Build Remodeling Contractor DC MD
Join Date: Nov 2007
Location: Washington, DC/ Maryland
Posts: 6,872
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Re: Areas Hardest Hit By Financial CrisisQuote:
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10-01-2008, 08:36 PM
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#8 |
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Pro Deck Guy
Trade: Jim's free government helper
Join Date: Nov 2007
Location: CT
Posts: 394
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Re: Areas Hardest Hit By Financial Crisis
Good to see so many towns in my state making the list. Wooooooo!
 I've seen this coming for a while. House prices here literally doubled in about 5 years. |
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10-01-2008, 08:44 PM
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#9 |
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ContractorTalk Flunkie
Trade: Remodeling and Renovation Contractor
Join Date: Mar 2006
Location: Murphy, NC Hometown of Eric Rudolf
Posts: 1,038
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Re: Areas Hardest Hit By Financial Crisis
It is pretty grim around here, as we depend on folks from Fla, that have or would have a second home here in the mountains
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T.C. "Never met a man yet that I couldn't learn something from"Met a few you couldn't teach though http://remodelingncarolina.com
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10-01-2008, 11:43 PM
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#10 |
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Pro
Trade: Florida Certified General Contractor
Join Date: Feb 2007
Location: Delray Beach, FL
Posts: 186
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Re: Areas Hardest Hit By Financial Crisis
How much is land going for these days in NC? Plan on building me a house up there.
FWIW if you research the job markets also and see that a lot of the largest employers in many states are cutting back it paints a more clear picture. |
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