U.S. cities with the highest and lowest concentrations of economic factors
WalletHub ranked cities based on the diversities of their economies. The company also ranked the cities with the highest and lowest concentrations of certain industries, types of occupations and types of worker classes. We've included these cities here. Is your city among them?
Note: several of the cities listed on here are census-designated places, which are unincorporated areas that are recognized by the U.S. Census as settled concentrations of population.
Economic diversification has proven vital to a city's success, especially in the wake of the Great Recession. By having more industries in the local economy, a city can ensure resiliency when its economy is threatened.
Personal finance company WalletHub recently compared 501 of the most populous U.S. cities (with no more than 10 cities per state) and ranked the cities based on their economic diversity using three metrics— industry diversity, occupational diversity and worker-class diversity. Wallethub used multiple components within each metric to determine a city's score. We've included the cities with the highest and lowest concentrations of these components here, categorized by metrics. Is your city among them?
Note: several of the cities listed on here are census-designated places, which are unincorporated areas of a state that are statistically recognized by the U.S. Census as settled concentrations of population.
