Forbes recently revealed its list of the most miserable cities for 2013, and Detroit, Michigan received the dubious distinction of being the most miserable place in America.
Crime, high unemployment, home foreclosures, and poverty were the biggest factors used to rank the cities.
Northern California placed three cities in the most miserable category with Modesto placing fifth, Vallejo coming in sixth, and Stockton placing eighth on Forbes’ worst cities list.
Modesto’s 15% unemployment and 3.8% foreclosure rate on all homes ranked it third among cities with the most foreclosures according to Forbes. There have been nearly seven thousand filings for defaulting on home loans.
The city of Vallejo, which is coming out of a bankruptcy filing, came in at number six right behind Modesto due to its high unemployment and foreclosures.
Placing eighth on the list is the city of Stockton which filed for bankruptcy protection just last year. Stockton has the highest foreclosure rate in the nation while crime is fifth among cities in America.http://www.foxnews.com/politics/2012/06/26/stockton-set-to-become-largest-us-city-to-declare-bankruptcy/
The Midwest carried the bulk of the top twenty worst cities to live with Ohio, Illinois, Indiana and Michigan having the majority of the most miserable cities according to Forbes.