The financial services website used its own data — along with data from the Census Bureau, Administrative Office of the U.S. Courts, and Google Ads — to assign each city a financial distress score. Six categories were considered: credit score, people with accounts in distress, average number of accounts in distress, “debt” search interest index, “loan” search interest index and the change in bankruptcy filings between December 2022 and December 2023. Read more about the methodology here.
These 25 cities have the most financially distressed populations, per Wallethub:
1. Chicago
2. Houston
3. New York City
4. Los Angeles
5. Dallas
6. Las Vegas
7. San Antonio
8. Atlanta
9. Riverside, Calif.
10. Jacksonville, Fla.
11. Baton Rouge, La.
12. Miami
13. Austin
14. New Orleans
15. Fort Worth, Texas
16. Nashville, Tenn.
17. Phoenix
18. Charlotte, N.C.
19. Baltimore
20. St. Louis
21. Winston-Salem, N.C.
22. Tampa
23. Stockton, Calif.
24. El Paso, Texas
25. San Diego
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
