Top 10 Smartest U.S. Cities

A study that looked at the education levels of the residents from the 200 largest metros identified Boulder, Colo., as the nation’s smartest city, as well as nine other mostly small-city locales that are home to high tech and aerospace companies as well as brainy people. 

“We often associate larger cities as the centers of education and culture, and therefore epicenters for the country’s smartest people. However this study shows that smaller cities can attract some significant brain power. Out of the top 10 smartest places, six of them have populations of less than one million people,” said J. Jennings Moss, editor of Portfolio.com. 

Here are the nation’s top-10 brainiest cities

  1. Boulder, Colorado
  2. Ann Arbor, Michigan
  3. Washington, D.C.
  4. Durham, North Carolina
  5. Fort Collins, Colorado
  6. Bridgeport-Stamford, Connecticut
  7. San Jose, California
  8. Boston, Massachusetts
  9. Madison, Wisconsin
  10. San Francisco-Oakland, California

Source: Portfolio.com (12/01/2010); blog distribution by Kenneth Bargers and Bargers Solutions residential real estate services located in Nashville, Tennessee.

The Long Process of Foreclosure Gets Longer

The foreclosure process is getting longer and longer. According to statistics from LPS Applied Analytics: 

  • Delinquent loans in five judicial-process states spend more than 500 days in the foreclosure pipeline with the average time in process at 358 days, a week short of a full year.
  • In the case of loans where the borrower is delinquent for 90 days or more, on average no payments have been made for 16 months.
  • States that take the longest time to process delinquent loans are Florida and New York among the judicial process states, and Maryland, California, Virginia, Nevada, Massachusetts, Rhode Island, and Arizona, among the non-judicial states.

Source:  Bankrate.com, Marcie Geffner (11/17/2010); blog distribution by Kenneth Bargers of Bargers Solutions residential real estate located in Nashville, Tennessee.

Top 10 List of States with Highest and Lowest Median Income

The U.S. Census Bureau on Thursday released the latest statistics about household incomes.  New Hampshire was the winner with a median income averaging $65,028 annually over the past two years. 

Mississippi posted the lowest median household income of $35,693 per year in 2008 and 2009. Mississippi’s income levels were 45 percent lower than those of New Hampshire, and it had the lowest income of any state. 

Here are the 10 states with the lowest median incomes

  1. Mississippi, $35,693
  2. Arkansas, $37,987
  3. West Virginia, $39,170
  4. Tennessee, $40,034
  5. South Carolina, $41,548
  6. Montana, $41,587
  7. Kentucky, $41,828
  8. Alabama, $42,144
  9. North Carolina, $42,337
  10. Louisiana, $42,423

The 10 states with the highest median incomes were

  1. New Hampshire, $65,028
  2. New Jersey, $64,918
  3. Connecticut, $64,644
  4. Maryland, $63,828
  5. Alaska, $62,675
  6. Virginia, $61,126
  7. Utah, $60,396
  8. Massachusetts, $59,732
  9. Hawaii, $58,469
  10. Washington, $58,404 

Source: CNNMoney.com, Les Christie (09/16/2010)