Here Are the US Cities Hardest Hit Financially by COVID

Half of America's top 10 are located in one state
By Jenn Gidman,  Newser Staff
Posted Oct 26, 2020 11:20 AM CDT
Here Are the US Cities Hardest Hit Financially by COVID
COVID has done a number on Americans' pocketbooks across the country.   (Getty Images/fizkes)

With more than 225,000 dead and 8.6 million cases of COVID-19 in the US, the health consequences of the virus are obvious. But the financial repercussions have also been devastating, and some areas are suffering more than others. WalletHub looked at the biggest US cities across nine metrics in six categories, including credit score; people with accounts in distress (meaning an account in forbearance or one with deferred payments); the average number of accounts in distress; the change in the number of bankruptcy filings between June of last year and June of this year; and search interest indexes for "debt" and "loans." Five of the top 10 cities hit the hardest financially are in the Lone Star State. Read on to see where the economic struggle is real:

  1. Las Vegas
  2. Chicago
  3. Houston
  4. San Antonio
  5. Dallas
  6. Phoenix
  7. Los Angeles
  8. Austin, Texas
  9. Miami
  10. Fort Worth, Texas
Check out how other US cities fared here. (These cities look more likely to weather the COVID-19 storm.)

Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.