The United States is brimming with enchanting places to call home. From the dazzling beaches to the majestic mountains, natural beauty abounds. Moreover, the country boasts a robust economy with a myriad of industries that offer exciting prospects. With giants like Amazon in Seattle and Halliburton in Houston, Americans are often drawn to cities based on the promising job opportunities that await. Throughout history, American cities have endured their fair share of hardships. The Rust Belt Decline serves as a stark reminder of a widescale industry collapse that some cities are still struggling to fully recover from. While a handful have managed to bounce back, others continue to grapple with these challenges. Consequently, many major cities in the U.S. are experiencing a rapid decline as Americans seek a more favorable cost of living. As you peruse through this list of remarkable American cities, both big and small, you will undoubtedly discern the common thread that ties us all together in this ever-changing 21st century.
1. Washington, D.C.
Major Industries: Federal government and tourism
Annual Growth Rate: 1.04%*
The nation’s capital is a vibrant tapestry of business, politics, and centuries of captivating history. This special metropolitan city offers abundant job opportunities, attracting ambitious professionals drawn to its dynamic atmosphere. However, the allure comes with a price – sky-high property taxes and housing costs. While an influx of young professionals has invigorated the city, it has also triggered significant gentrification, pushing lifelong DC natives to neighboring Maryland and Virginia in search of more affordable housing. Within the city, cautious young residents carefully choose their neighborhoods, as a fraction of blocks account for a staggering 25% of the city’s crime. As a result, many professionals opt for the charm of bedroom communities, trading a longer commute for peace of mind. Despite a decline in crime since the 90s, it remains a lurking concern in D.C.’s “shrinking” narrative.