Bottom 10 Income Growth Markets-07

 

  1. New Orleans, LA-New Orleans is now 41 percent below the national PCI of $34,471. 
  2. Stockton, CA-The lowest-rated is Stockton, whose PCI has edged up just 35 percent since 1995.
  3. Bakersfield, CA-Bakersfield ranks 99th out of 100 major metros for income growth since 1980 -- and 98th since 1990.
  4. Riverside-San Bernardino, CA-Los Angeles is up to $36,746, yet Riverside-San Bernardino lags badly at $26,618.
  5. Fresno, CA-Fresno now trails the U.S. average by 25 percent.
  6. Youngstown, OH-Youngstown's pain is reflected in its meager income-growth rate of 33 percent since 1995.
  7. Toledo, OH-It now sits more than $3,500 below the U.S. PCI of $34,471.
  8. Modesto, CA-The good news: Modesto has out gained 32 major markets in PCI since 2000. The bad news: Only five markets have done worse over the past 25 years.
  9. Dayton, OH-Dayton's PCI has grown just 36 percent in 10 years, compared to the U.S. average of 49 percent.
  10. Rochester, NY-Rochester ranks 89th out of 100 major markets in income growth since 1990.

 

Study by bizjournals.com

 

 
Post is included in group: Houston Texas Real Estate

2 Comments on Bottom 10 Income Growth Markets-07

I would look to NOLA for growth.  The other locations mentioned can't point to a devastating event that almost wiped them off of the map.  But, having visited earlier this year, I think that NOLA is primed for a strong comeback.  

12/14/2007 11:15 PM by Lane Bailey - The REALTOR for Car People (Diamond Dwellings Realty)


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Home Stager: Cindy Bryant~Houston's Home Staging & Home Stagers By Redesign Etc.~RESA~ASHSR (Redesign Etc., Inc.-Texas)
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