Dubious distinction
Medford, Oregon checks in as the fifth brokest city in the United States:
Unemployment: 11.2%Median household income: $40,177
Average personal debt: $25,013
Average credit score: 760
Medford, Oregon checks in as the fifth brokest city in the United States:
Unemployment: 11.2%Median household income: $40,177
Average personal debt: $25,013
Average credit score: 760
Comments (2)
Why are the credit scores so high? Only one city below 700? Medford's 760 is enviable. They're apparently managing their penury well...
Posted by TomR | October 31, 2011 9:02 PM
Gee what a coincidence.
They have a huge UR tab to pay every year.
http://www.ci.medford.or.us/Files/2011-2012%20MURA%20ADOPTED%20BUDGET.pdf
Total Requirements $7,340,781.00
Posted by Ben | November 1, 2011 8:02 AM