Debt per capita:
$1,548 (6th lowest) Budget deficit:
37.0% (2nd largest) Unemployment:
11.1% (the highest) Median household income:
$49,760 (24th lowest) Pct. below poverty line:
16.4% (19th highest)
Nevada was arguably the hardest hit state during the collapse of the housing bubble. Home values fell by more than 50% between 2007 and 2012, the largest decline in the country. And years after it started, Nevada is still reeling from the housing crisis. The state had one of the highest foreclosure rates in the country last year, at one in every 37 homes. The 2012 unemployment rate of 11.1% was the worst in the country. The state’s violent crime rate of 607.6 incidents for every 100,000 residents was worse than all but one other state. The state also suffers from low health insurance coverage. More than 22% of the population was without health coverage in 2012, worse than any other state except for Texas. This rate may improve in 2013. The state opted to provide its own health insurance exchange site rather than rely on the widely criticized national exchange site, healthcare.gov. According to the Las Vegas Sun, the state’s health care exchange site has been functioning relatively smoothly and hasn’t received the same kind of criticism as the national site.
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