Monday, June 22, 2015

Augusta Ranks High by National Standards

With Fourth of July around the corner, it’s a good time to ask: Which U.S. cities bleed the most red, white and blue? To find out, the leading personal finance website WalletHub took an in-depth look at 2015's Metro Areas That Most and Least Resemble the U.S. Augusta’s overall ranking is No. 24 and its ranking within medium-sized metro areas is No. 9.

It’s important to do so for many reasons, such as: 1) deciding whether we want cultural variety or uniformity; 2) learning which cities exceed or lag behind national standards for certain factors such as education or income; and 3) finding the most fertile ground to develop an entrepreneur’s business idea.

To determine which metro areas most or least mirror national standards, WalletHub examined various demographical statistics for 381 of the largest U.S. metro areas. Our data set includes 23 key metrics, such as age, gender and income as well as household makeup and housing tenure.

Source: WalletHub

Augusta’s Resemblance to the U.S. (1=Most; 190=Avg.):
166th – Gender (Female to Male Ratio)
16th – Age
147th – Household Makeup
34th – % of Population with Health Insurance Coverage Housing
135th – Tenure (Renter-to-Owner Ratio)
87th – Household Income
23rd – Wealth Gap
60th – Educational Attainment

The five cities with "Wealth Gap Furthest from U.S. Reference Value" are well known college towns: Corvallis (Oregon State), Gainesville (University of Fla.), Morgantown (University of WVa), Athens (University of Ga), and College Station (Texas A&M).

—> By Richie Bernardo
       Edited by Anibal Ibarra

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