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24/7 Wall St.: The Best- and Worst-Run Cities in America

Worst-Run Cities

5. Hialeah, Fla.

Population: 229,967
Credit rating: not rated
Violent crime per 1,000 people: 3.78 (18th lowest)
Unemployment rate: 14.1% (tied- 9th highest)

Home prices between 2007 and 2011 fell by 44% in Hialeah, the 10th-highest decline of all 100 largest cities. The median household income of $27,208 in 2011 was the third-lowest of all major cities, after declining by 44% during the recession. Of workers residing in Hialeah, 15.5% worked in the generally low-paying retail trade, the highest percentage of all of the 100 largest cities. As a result of industry composition, nearly 40% of city residents are without health insurance, higher than any other large city in the U.S.
(iStock)

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America's Best- and Worst-Run States
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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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