Forbes Ranks Sacramento Fifth Most Miserable City In America
SACRAMENTO (CBS13) — Six Northern California cities made Forbes' list of the worst places to live in the country, including Sacramento at No. 5 for the second year in a row, according to the magazine.
After ranking No. 1 last year, Forbes moved Stockton to No. 11 on its "American's Most Miserable Cities" list, which was released Thursday. Stockton dropped out of the top 10 for the first time since at least 2008. It was No. 1 last year and No. 2 in 2010.
Miami is this year's most miserable city, according to the list.
Other California cities to make the inglorious list: Merced (No. 15), Bakersfield (No. 17), Vallejo (No. 18) and Modesto (No. 19).
Forbes looks at the 200 largest metropolitan areas in the country and makes up its list based on 10 factors, including crime, unemployment, foreclosures, taxes, home price declines, commute times and the success of its sports teams.
Forbes noted that Sacramento is a one-team town and that team, the Kings, have been awful the last several seasons. It has also been hit hard by foreclosures, declining home prices and unemployment.
This is the fifth time Stockton has appeared in the rankings. In 2010, the city was listed as No. 2.
Sacramento also made Forbes' list of worst places to find a job in 2011, ranking the sixth-worst.