4. Oxnard-Thousand Oaks-Ventura, Calif. Median household income
: $74,623 Population
: 831,771 (63rd highest) Unemployment rate
: 10.1% (93rd highest) Pct. households below poverty line
: 11.3% (32nd lowest)
Home prices in the Oxnard area, part of the Greater Los Angeles region, declined by more than 32% between 2007 and 2011, including a 5.5% dip between 2010 and 2011. Despite that, the median home value in the Oxnard area was $433,100, the eighth-highest among all metro areas. Furthermore, 6% of homes were worth at least $1 million, triple the U.S. rate. Renting is not particularly cheap either. The median monthly rent of $1,382 was the fourth-highest rent in the country and higher than the national median by more than $500.
(iStock Photo) More From 24/7 Wall St.
: 10 Brands That Will Disappear In 2013 The Most Educated Countries In The World The 10 Poorest Countries In The World The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.