EMAIL. On the tail of a rather stressful 2020, a report from RetailMeNot found that Memphis was the city with the most stressed-out citizens nationwide. Interestingly, eight of the most stressed out cities are located east of the Mississippi, while the two least stressed cities are in the South and Southwest. The Most Stressful Jobs in the U.S. More. Ljubljana, Slovenia 3. 2020’s Most & Least Stressed Cities in America. More than 11% of the city’s households are severely housing cost-burdened. Top Ten Most Stressed Cities in the U.S. In Memphis, 17.9 percent of the population reported having poor mental health and 17.6 percent reported poor physical health, trumping the national average of 12.9 percent and 11.8 percent, respectively. Lagos, Nigeria. 2 financially stressed city in the U.S. This seems to be a pattern for the top most-stressed cities. Oslo, Norway 4. We then found the average ranking for each city, giving equal weight to every metric except for unemployment, which we gave a double weight. Contact press@smartasset.com, Bank of America® Travel Rewards Visa® Credit Card Review, Capital One® Quicksilver® Cash Rewards Credit Card Review, COVID-19 pandemic has sent the unemployment rate, 7 Mistakes Everyone Makes When Hiring a Financial Advisor, 20 Questions to Tell If You're Ready to Retire, The Worst Way to Withdraw From Your Retirement Accounts. For details on our data sources and how we put all the information together to create our final rankings, check out the Data and Methodology section below. Check out the 2019 version here. Continue reading ->The post Cities With the Most Financial Stress - 2020 Edition appeared first on SmartAsset Blog. Check out the 2019 version here. The study, “2020’s Most & Least Stressed Cities in America,” looked at more than 42 metrics in 180 cities to “determine the cities where … Whether it’s money, family, health or something else, most people are affected by something. Data from the Kaiser Family Foundation for 2018 shows that 16.8% of people in the state reported not seeing a doctor in the previous 12 months due to concerns about cost. Money – or lack thereof – creates anxiety-inducing burdens for individuals and families even in normal times. Memphis also had an alarmingly high poverty rate that spiked at 21.7 percent, nearly double the national average of 12.3 percent. According to a recent poll from the National Endowment for Financial Education, nearly nine in 10 Americans say COVID-19 has triggered stress on their personal finances. To find the cities with the most financial stress, we compared data for 99 of the largest U.S. cities across the following eight metrics: First, we ranked each city in each metric. the Memphis Flyer is your source for the best in local news and information. Seek to Understand Your Children’s Point of View, New Virus Case Count Lowest Since October, 'Protest to Progress' Plan Hoped to Align Activist and Business Goals, TN Voices Honors Black Mental Health Leaders for Black History Month, Sycamore Institute Report Examines the Cost of Criminal Justice, That's why we're asking you to join us as a Frequent Flyer member, Polar Vortex: Energy, Water, Chicken Nuggets, and the Airport, UTHSC Sued in First Amendment Case on "Sexual" Social Posts, Five Businesses Closed on COVID-19 Violations, New Year, New You: Ways to Reinvent Yourself in 2020, Source: US Centers for Disease Control and Prevention. Stress is a big part of our daily lives, and most of it comes from the type of work that we do. Naturally, most people think that they have the most stressful job in the world, and no other is more difficult than theirs. Almost 16% of the city’s population lives below the poverty line. TWEET. Laredo, Texas has the fourth-highest percentage of people living below the poverty line, at 25.9%. Furthermore, 11% of households in the city are severely housing cost-burdened, and the four-year change in median household income was an increase of less than 10% from 2014 to 2018. The unemployment rate in Harris County is 14.3%, the 36th-highest across all 99 cities for which we analyzed data. To determine the cities where Americans were most and least stressed, WalletHub ranked 182 cities—including the 150 most populated U.S. cities, plus at least two of the most populated cities in each state—across four key areas: work stress, financial stress, family stress, and health and safety stress. It’s no secret that folks everywhere are dealing with a lot of stress, especially this year thanks to the coronavirus. America’s most stressed citizens are — perhaps surprisingly — those who live in Los Angeles, according to new research. danjo paluska / CC. Las Vegas, Nevada is the No. While the divorce rate might be relatively low – at 9.4%, ranking 79th-highest out of a total of 99 – more than one in 10 households in the city are severely housing cost-burdened, meaning that housing costs exceed half of household income. ... read on to learn which positions are among the most stressful … It also ranks 31st-highest out of all 99 cities in the study for its county unemployment rate, at 14.6%. Lagos is evidently the most stressful city in Africa for obvious reasons. To score the various U.S. cities, researchers factored in mental and physical health, housing costs, poverty rates, and health insurance coverage to develop a unique stress score. In order to determine where Americans cope best with their stress, WalletHub compared more than 180 cities across 42 key metrics. 50. Questions about our study? Four of the 10 most financially stressed cities in the study are in Nevada – Las Vegas, Paradise, North Las Vegas and Spring Valley. Some cities, though, see their residents under more strain than others, so SmartAsset crunched the numbers to find the cities under the most financial stress. According to the report, chronic stress disturbs the immune, digestive, cardiovascular, sleep, and reproductive systems, and increases susceptibility to serious conditions like heart disease and diabetes.

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