Saturday, February 16, 2013

Worst run City in USA

City Hall in San Bernardino, Calif. © David McNew/Getty Images
No. 1, worst-run: San Bernardino, Calif.
Population: 213,008
Credit rating: not rated
Violent crime per 1,000 people: 8.76 (27th highest)
Unemployment rate: 17.6% (third highest)
The median home value in San Bernardino declined by 57.6% between 2007 and 2011, more than in any other large U.S. city. By the end of 2011, almost 4.4% of the city's homes were in foreclosure and the unemployment rate was 17.6%, nearly double the U.S. rate and almost 10 percentage points higher than the city's rate four years earlier.

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