.
.









Gadsden, Ala. among top 10 poorest cities in the U.S.










Submitted by Melynda Sides, Digital Content Producer

Wednesday, May 15th, 2013, 4:52pm






Topics: News











Share on printPrint Share on emailE-mail

..









Gadsden, Ala. ranks 5th in a list of the top 10 poorest U.S. cities, according to TheRichest.org. (Source: Wikimedia Commons/Ronhjones)Gadsden, Ala. ranks 5th in a list of the top 10 poorest U.S. cities, according to TheRichest.org. (Source: Wikimedia Commons/Ronhjones)
.


GADSDEN, AL (WBRC)- Gadsden, Alabama ranks among the 10 poorest cities in the U.S., according to the website www.therichest.org.

Gadsden is number five on the list with a median income of $33,313. The website says more than a fifth of Gadsden's population lives below the poverty line and 9.1 percent of people of working age are currently unemployed. TheRichest.org also says the average household income dropped $4,500 in a five-year period beginning in 2007.

As an upside for Gadsden, the site says the value of homes has increased by nearly 13 percent, the fifth largest growth rate for metropolitan areas.

Almost all ten of the poorest cities are located in the South or Southwest, with the only exception being Cumberland, Maryland.

Click here to view a slideshow of the top 10 poorest U.S. cities.

derert dog, you're just going to have to move to alabaster so we can hunt the wma together.

That study does not take into account cost of living. I have a friend who was a pediatric dentist in NYC and we both made about the same money per year. I live in the nicest neighborhood in town, and she could barely scrape enough money together for a $5 footlong at subway.

TheRichest.org also says the average household income dropped $4,500 in a five-year period beginning in 2007.


[/quote]

Gee, I wonder what happened during the last 5yrs?

i couldve sworn i posted on here yesterday but i guess i didnt hit the submit button. i was saying, i guess people in gadsden have too much pride to take a handout and get in the welfare line. They would rather be poor than take government handouts and burden the american taxpayers and for that i applaud them. that is patriotism right there. heck if it wasnt for welfare checks, talladega would be the poorest city on earth.

Sounds like some funny math to me. How does the 5th poorest town in the US have home values increase by 13%, the fifth largest growth in the country? Hmmmmmm.
Guess those poor folks spending all their $ on housing.

At one point I worked for the largest medicaid provider in the state. Our East Alabama branches had a LOT of families on govmt assistance from Gadsden and the surrounding area.

I live in Rainbow City (suburb of Gadsden pretty much), and I can tell you this, if we are the 5th poorest city in the country, I would HATE to stand in line at a restaurant in a city where people had money. Our poor city creates 2 hour waits at EVERY dining place worth eating at and I know they aint handing out free food. Every car dealership has, or are in the process of, MAJOR remodels. If they weren't selling new cars, that wouldn't be happening either. MAJOR flaws in that idiotic statistical blunder.