California's worst cities plagued by high poverty, low job rates, report says

Posted at 12:35 PM, Jun 05, 2018
and last updated 2018-06-05 15:35:13-04

(KGTV) - Living in California is difficult for many residents, but it's tougher for those in a handful of cities, according to the financial website 24/7 Wall St.

The website compiled data covering crime, the economy, education, environment, health, housing, infrastructure, and leisure to rank which cities throughout the country were among the worst to live in.

In California, the worst states to live in were Florence-Graham (12th), San Bernardino (15th), Compton (22nd), Merced (23rd), Stockton (26th), Oakland (29th), and Fresno (33rd), according to the website.

RELATED: Californians leaving the state for cheaper housing markets

Fresno ranked among the most expensive places to live in the state, 24/7 Wall St. reported. The average home value sits at $227,500, five times the city's median income is around $44,905. The average U.S. home value is only about 3.5 times the median income.

Oakland, which has become a bit of a haven for Bay Area residents seeking refuge from San Francisco's skyrocketing housing rates, has seen income rates offset by climbing cost of living. The website reports Oakland's goods and services are 27 percent more expensive than they are nationwide. And a typical home is worth about 10 times the city's median income. 

Among the highest poverty rates in the state, Florence-Graham was the worst California city on the list. It's 31.5 percent poverty rate is likely tied to high costs of living, low household income, and a lack of college-educated workers, the report says. Only about 4.4 percent of the city's adults have a college degree.

RELATED: New numbers show exodus from San Diego County and California

To see the 50 worst cities in the entire country, according to 24/7 Wall St., check out their write up here.