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The 10 WORST Financial Cities for Black People
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Feb 6, 2025
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in one of our recent videos we looked at
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the five things that rich people
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understand that black people don't
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staying on that topic today we'll look
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at 10 cities where black people don't
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get the financial game at all because
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these are the cities where black people
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are doing the worst financially so if
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you live in one of these cities I know
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that you're probably broke of course I'm
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just kidding or am I Lending Tree
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published some interesting findings
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about where black people in America are
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doing the best and worst financially
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they use five Financial metrics across
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the largest US metros to find the best
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and worst cities as always I'm going to
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go from the number 10 metro area down to
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the number one worst place for black
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people financially and number 10 we have
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Pittsburgh Pennsylvania Pittsburgh has
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the highest percentage of black
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residents with bachelor's degrees at 22%
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but the unemployment rate is just as bad
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as everywhere else on this list at
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almost 11% and the median household
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income for black people is an abysmal
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here though has a median household
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income of
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$725 32 black people make up around 8%
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of the Pittsburg metro area and number
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nine we have Witchita Kansas Witchita
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has one of the highest home ownership
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rates on this list at 37% home ownership
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is obviously a problem in our community
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because even in the number one city
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financially for black people surprise
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surprise the DC Metro the rate is at 51%
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I've seen higher rates towards the 60s
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on this list for a couple of areas but
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most are at or below 50% witch's black
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residents have only a median income of
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$36,000 $32 and an unemployment rate of
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around 11% at number eight we have the
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home of LeBron James akan Ohio hopefully
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with all the billions he's making he'll
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finally get them off this list akan has
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the same home ownership rates as witchat
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at 37% but a slightly lower median
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income of $35,790
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11.3% with 17% of black residents
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holding a bachelor's degree or higher
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black people make up 14% of the city of
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acon but the percentage drops once we
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get into the greater metro area which is
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a common Trend as black people are
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concentrated in the cities across the us
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if you want to know why that's the trend
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watch a video we did on why black people
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live in cities you know where to look up
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there or the link is in the description
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box below next up of course we have the
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city that's known for the TV series Cops
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Spokane Washington what stands out to me
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about Spokane immediately is that it's
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the only area on this list that even
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cracks 40K for the median income black
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residents here have a median income of
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$4
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44,1 152 which is the highest median
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income on the list but the other
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rankings are similar to everywhere else
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with 16% of black residents with
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bachelor's degrees and a 12%
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unemployment rate and number six we have
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Rochester New York black residents make
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up about 60 % of the city of Rochester
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and 10% of the Greater Rochester metro
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area the median income for black
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residents is
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$6,550 compared to
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$73,900 for the general population of
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the Rochester metro area only about 16%
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of black people here have a bachelor's
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degree or higher and the home ownership
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rate is just at
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33.5% and then there is that one name
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that keeps showing up on almost all the
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worst list for black people to live in
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and that is Milwaukee Wisconsin black
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people in Milwaukee just get out I
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wouldn't move here if you paid me a
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million dollar well maybe a million and
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add on that land that we were promised
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Milwaukee actually has not the worst
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unemployment rate for black people at
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8.5% but the median income is still low
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at
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$33,750 15% of black residents have a
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bachelor's degree and 27% of them are
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home owners if you live in Milwaukee or
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better yet if you've moved to Milwaukee
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recently please let me know in the
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comments why I mean just why have you
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not been watching any of my worthless
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videos I don't know maybe everybody's
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moving there and it's on the come up
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because it's so cheap I have no idea
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somebody please let me know in the
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comments and number four we have
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Cleveland Ohio black people make up
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almost half of the city of Cleveland's
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population but only 20% of the Cleveland
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met metro area which shows how highly
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concentrated the black population is in
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the city of Cleveland the median income
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here for black residents is
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$342 38 with 36% of them owning their
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own homes the unemployment rate is high
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at 133% and the percentage of black
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residents with bachelor's degrees is low
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at 177% and number three who doesn't
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love this place and it took me a long
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time to get on to this show but once I
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did it is one of the best shows of all
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time the office scratton Pennsylvania
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hey and I have a spin-off for you guys
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I'm sure the people of the office will
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watch this video a black office spin-off
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like a completely black office tell me
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that wouldn't be freaking hilarious gosh
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can you imagine like Dave Chappelle
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anyway Scranton comes in last place on
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the education metrics with only 10% of
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black residents holding a bachelor's
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degree or higher it also comes in second
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place for worst median income at
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$33,860 and only 18% of black residents
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own their own homes the general
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population in Scranton has a median
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income of
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$61,200 depending on the county well at
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least now we can see why Stanley was so
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pissed off coming to work every day I
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wake up every every morning in a bed
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that's too small drive my daughter to a
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school that's too expensive and then I
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go to work to a job for which I get paid
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too little but on pretzel
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day well I like pretzel day and number
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two we have Syracuse New York the
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poverty rate in Syracuse is at an
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astonishing 30% nobody in Syracuse is
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working apparently this metro area ranks
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near the bottom in all five Financial
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metrics but the biggest standout is the
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education metric s Crause was ranked the
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second lowest in education with only 14%
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of the black residents holding a
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bachelor's degree or higher the median
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income here for black households is
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$34,100 compared to the
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$4,490 for all residents that is
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41.3% below the national median income
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and at number one drum roll please we
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have Toledo Ohio if you live in Toledo
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I'm pretty sure you're struggling black
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households in Toledo earn a median
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income of
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$31,100 poverty rate Toledo is the third
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city in Ohio that made it on the top 10
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worst places financially for black
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residents Ohio is just not a place for
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us to thrive I guess Toledo also ranks
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at the bottom or near the bottom in four
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out of five Financial metrics used for
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this survey so that concludes the list
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if you live in any of these cities let
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me know how you're fairing financially
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and if this survey is accurate not just
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for you but for the general population
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please don't be that person in the
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comments oh I live in Toledo I make
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millions I live in a mansion so this
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survey is completely wrong one person
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obviously doesn't make up a statistic
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make sure you follow me at Direct by
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Jared on Instagram
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and that's about it and get out of these
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cities
#Discrimination & Identity Relations
#Finance
#Housing & Development