Lowest-earning county in every state
Joni Sweet, Madison Troyer, provided by
March 17, 2021
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Lowest-earning county in every state
March 2021 marks one year of the COVID-19 pandemic upending our lives and the economy here in the United States. Pre-pandemic, Americans were doing well financially, with major markers like unemployment, reaching 50-year lows. Post-pandemic, however, things are looking wildly different. During the second quarter of the 2020 fiscal year, our nation’s real GDP fell by a whopping 31.4%, a number that hasn’t been seen since the Great Depression. Additionally, unemployment levels reached 14.5%, also nearing Great Depression highs. And while both of those factors have begun to settle back to normal, thanks to the increased re-opening of our economy, things are still a far cry from the way they were in 2019.
Cities with the most vacant homes
Jody Ellis, provided by
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Cities with the most vacant homes
Despite the continued shutdowns and economic uncertainty brought by the COVID-19, one market that flourished in 2020 was real estate. With interest rates at an all-time low and homes appreciating at a rapid pace, houses are selling faster than ever.
In most cities, inventory is depleted and bidding wars are common, yet in some parts of the country, there are large numbers of vacant homes. While many of these properties are located in tourist-centric regions that tend to have vacancies associated with seasonal vacation homes, there are also some towns with higher-than-average rental vacancy rates, homes that were recently sold but not occupied, or vacant houses that are currently for sale. There are also resort towns that might have a large number of vacant homes, but also have very low rental vacancies and struggle to provide affordable rental housing for their workf