4. New York City, NY
Major Industries: Financial services and health care
Annual Growth Rate: 0.23%*
New York is one of the most iconic cities in the world, known for its melting pot of cultures, endless energy, and Wall Street. Even so, the city full of financial giants like JP Morgan has been seeing its population take a nosedive in recent years. While the concrete jungle has always been a symbol of hope, a lot of New Yorkers are realizing that the New York version of the American Dream is harder and harder to come by these days.
One issue that has impacted demographics is New York’s rise in crime. While the data suggests that violent crimes may be in decline, the city’s reputation for late-night muggings cannot be shaken, and may be a deterrent to new (and veteran) residents.
Many people are moving out of the city to increase their standard of living by getting more for their money elsewhere. New York is known for sky-high rent and enormous taxes, so people are leaving to find more suitable housing options in less densely populated areas.