Median listing price
: $57,550 Comparably priced car
: Chevy Suburban ($68,900) Housing price change (year over year)
: n/a Median household income
: $25,002 Unemployment
Just as the age of a tree is revealed by rings in its trunk, the age of a town’s housing stock, coupled by new construction rates, speaks volumes about the sturdiness of a city. In the U.S., only 14.4% of homes were built before 1940; in Youngstown, it’s more than 40%. New home construction is at a standstill. Nearly 19% of homes stand vacant, which places further downward pressure on a local recovery.
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: Fastest-Growing Cities in America America's Sickest Housing Markets Best Cities for Millennials The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.