Illinois’ Most and Least Recession Recovered Cities
So, what cities and towns in Illinois have recovered the most from the recent economic recession? Sorry, Rockford ranked near the bottom.
Wallethub analyzed 505 cities in the United States and across the country to find out which cities have recovered the most from economic recent recession. Some did better than others.
Ratings are based on these factors:
- Inflow of college-educated workers
- Share of households receiving public assistance
- Home ownership rate
- Employment & Earning Opportunities
- Economic environment
Here is the Illinois list, from Best to Worst
1. Champaign
2. Chicago
3. Arlington heights
4. Schaumburg
5. Evanston
6. Joliet
7. Naperville
8. Peoria
9. Bloomington
10. Palatine
11. Elgin
12. Springfield
13. Waukegan
14. Decatur
15 Cicero
16. Skokie
17. Aurora
18. Rockford (#445 out of 505 nationwide)
19. Bolingbrook
Overall the state that has recovered the best from the economic downturn was Texas who had five cities make the national Top 5. The number one city was Midland, TX.
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