Stockton, Fresno, Sacramento among “naughtiest” housing markets
December 18, 2014
• RealtyTrac points to unemployment, sex offenders, and foreclosures
• Six of top ten “nicest” are in Texas
Three of the Central Valley’s largest cities have made Santa’s “naughty-naughty” list, at least as compiled by real estate information company RealtyTrac Inc. of Irvine.
RealtyTrac says its list of what it calls the naughtiest and nicest U.S. cities is based on the number of sex offenders per capita, unemployment rates, foreclosures, school scores, and crime ratings.
The Naughtiest Housing Markets
There were 20 cities where unemployment, sex offenders, and foreclosure inventory were above the national averages along with school ratings below the national average and a crime rating of C or below.
School scores were one-half the national average.
Crime rates nearly twice the national average.
These cities had an average 7.8 percent unemployment rate, an average of 128 foreclosures per every 10,000 housing units and an average of 27 sex offenders per 10,000 people.
Stockton ranked third on the list, after Detroit, Mich., and Milwaukee, Wis. It was given a “D-“ for total crime (Detroit flunked) and had the second highest unemployment rate at 9.8 percent. Fresno had the largest jobless figure – 10.2 percent.
Fresno was fifth, getting a “C” for crime.
Sacramento is listed sixth, sporting a “C+” for crime and a jobless rate of 6.8 percent. Of the three Central Valley cities on the naughty list, Sacramento has the highest number of sex offenders per capita at 0.234 percent, RealtyTrac says.
The other seven on the list are Milwaukee, Wis. (1); Detroit, Mich. (2); Philadelphia, Pa. (4); Rockford, Ill. (7); Springfield, Mass. (8); Hartford, Conn. (9); and Paterson, N.J., 10th.
The Nicest Housing Markets
There were 55 cities with unemployment, sex offenders and foreclosure inventory below the national averages along with an average school score above the national average and a crime rating of B or above.
20 out of the 55 cities had a crime rating of A or above, says RealtyTrac.
Crime rates were one-third of the national average.
School scores in these cities were nearly twice the national average.
The average unemployment rate for these cities was 4.6 percent, well below the national average, and there were 24 foreclosures per every 10,000 housing units.
There was an average of four sex offenders per 10,000 people.
The “nicest” top ten are Cary, N.C. (1); Fairfax, Va. (2); Pearland, Texas (3); Irvine, Calif. (4); Frisco, Texas (5); Sugar Land, Texas (6); Richardson, Texas (7); Katy, Texas (8); College Station, Texas (9); and Fremont, Calif., 10th
Cities with a population of 100,000 or more and with sufficient data (no N/A or errors), less than .0014418 for Sex Offenders, less than 0.057 for unemployment, less than .0067 for Foreclosure Rate, more than .6106 for School Score, crime rating of B or above, ranked by school score from highest to lowest.