Survey Says Warrensburg Residents are the Worst in the State for Managing Money
A new study by WalletHub shows that Warrensburg is dead last in the state of Missouri, and is pretty near the bottom of the list nationwide, when it comes to managing money.
According to the recently released list 2017’s Best & Worst Cities at Money Management, Warrensburg came in 2501st out of 2534 cities that were analyzed. That's worse than Rolla, the second-worst Missouri city on the list at 2369th place. It's even worse than East St. Louis, IL, which ranked 2339th. Sedalia was 2023rd.
The highest-ranking Missouri on the list was Chesterfield, just outside of St. Louis, which came in 71st. The top three cities, nationwide, were Lexington, MA (3), Los Altos, CA (2) and Cupertino, CA (1).
Factors taken into account when compiling the rankings include “average credit score,” “average number of late payments” and “mortgage debt-to-income ratio.” In all, ten key metrics were scored for each city.
Warrensburg was tied with several other cities across the country at the bottom of the list in the category of "highest student-loan-debt-to-income ratio."