A February study from WalletHub examined the 100 largest US cities' levels of "financial distress."
A February study from WalletHub, a personal finance company, examined the 100 largest US cities and calculated the level of "financial distress" for each.
Interestingly, in an earlier WalletHub study that looked at financial distress at the state level, Arizona ranked just 16th least burdened.
These cities' financial woes underscore the broader economic challenges, from unemployment to high living costs, that add stress to the residents' financial difficulties.
How some cities are alleviating financial distressArizona's largest cities have become a model for financial stability in a post-pandemic economy, instituting policies designed to address recent financial hardships.
Persons:
WalletHub, Gilbert, Chandler, Cassandra Happe, Christian Petersen, Happe
Organizations:
Arizona, Four Arizona, U.S . Census, Administrative, U.S ., Google, Scottsdale, Glendale, Business, Getty
Locations:
Chicago, Houston, New York, Arizona's, Four, U.S, Boise , Idaho, Arizona, Glendale, Scottsdale, Glendale , Arizona, Angeles, Dallas