Sunday, September 28, 2008

Top 10 Hardest Hit 'Wall Street Towns'

Make no mistake about it, Wall Street's epic slowdown will have a severe economic impact to individuals living both INside and OUTside of New York City. For my reference, a Businessweek-created List of the Top 10 Towns that will most likely be hit the hardest as a result of Wall Street's recent collapse:

Businessweek's List of Top 10 Hardest Hit Towns


1. Darien, Connecticut
Share population in finance and real estate: 27.23%
Nearest large city: New York
Population: 20,666
Median salary: $168,687

2. Bloomington, Illinois
Share population in finance and real estate: 26.31%
Nearest large city: Chicago
Population: 70,395
Median salary: $54,971

3. Hoboken, New Jersey
Share population in finance and real estate: 23.33%
Nearest large city: New York
Population: 40,002
Median salary: $81,356

4. West Des Moines, Iowa
Share population in finance and real estate: 22.15%
Nearest large city: Des Moines
Population: 54,627
Median salary: $61,303

5. Garden City, New York
Share population in finance and real estate: 20.22%
Nearest large city: New York
Population: 21,671
Median salary: $121,831

6. Summit, New Jersey
Share population in finance and real estate: 19.74%
Nearest large city: New York
Population: 20,618
Median salary: $111,497

7. Westport, Connecticut
Share population in finance and real estate: 19.39%
Nearest large city: New York
Population: 26,822
Median salary: $137,133

8. University Park, Texas
Share population in finance and real estate: 18.83%
Nearest large city: Dallas
Population: 24,582
Median salary: $110,976

9. Wethersfield, Connecticut
Share population in finance and real estate: 18.73%
Nearest large city: Hartford
Population: 26,146
Median salary: $63,359

10. Mountain Brook, Alabama
Share population in finance and real estate: 18.66%
Nearest large city: Birmingham
Population: 20,654
Median salary: $115,148


Towns-That-Could-Be-Hit-Hardest-by-the-Financial-Crisis


Data Courtesy: Businessweek