List of 10 Cities in United States Where Income Moves Downward Fast
INCOME UNITED STATES – Here is a list of the ten (10) cities in the United States (U.S.) where the income goes down the fastest.
Undeniably, one of the most popular countries in the world is the United States. It is even called by many people as the land of opportunities that is why a lot wanted to work in U.S.
The salary in U.S. is high. That is one of the reasons why many Filipinos wanted to work in this country. The currency exchange rate between Philippine Peso and US Dollars is pretty beneficial for the families of an OFW.
However, do you know that not all cities in the United States can actually maintain their income long enough? Based on an article on USA Today Money, there are at least ten (10) cities in US where income goes down the fastest.
Citing the information from the review of 24/7 Wall St. based on the records of Bureau of Economic Analysis, the cities in the United States where the income goes down the fastest were revealed. Here is a list of them based on the article:
1. Jacksonville, NC
- Per capita income change in 2017: -3.5%
- 5 yr. per capita income change: +2.8%
- Per capita income: $46,155
2. Midland
- Per capita income change in 2017: -2.8%
- 5 yr. per capita income change: -36.3%
- Per capita income: $70,133
3. Sioux City, IA-NE-SD
- Per capita income change in 2017: -2.4%
- 5 yr. per capita income change: +8.1%
- Per capita income: $51,455
4. Sioux Falls
- Per capita income change in 2017: -1.8%
- 5 yr. per capita income change: +9.0%
- Per capita income: $57,955
5. Greeley
- Per capita income change in 2017: -1.6%
- 5 yr. per capita income change: +9.6%
- Per capita income: $42,196
6. Fargo
- Per capita income change in 2017: -1.5%
- 5 yr. per capita income change: +3.9%
- Per capita income: $52,534
7. Champaign – Urbana
- Per capita income change in 2017: -1.4%
- 5 yr. per capita income change: +3.0%
- Per capita income: $45,240
8. Bismarck
- Per capita income change in 2017: -1.2%
- 5 yr. per capita income change: +1.4%
- Per capita income: $55,754
9. Amarillo
- Per capita income change in 2017: -1.0%
- 5 yr. per capita income change: +2.1%
- Per capita income: $44,588
10. Tyler
- Per capita income change in 2017: -0.9%
- 5 yr. per capita income change: -6.0%
- Per capita income: $47,677
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