30 Cities with the Highest Number of Veterans in the US

Published on April 27, 2024 at 1:03 pm by Minal Zaheer in Lists, News

In this article, we will take a look at the 30 cities with the highest number of veterans in the US. If you want to skip our discussion on trends in the veteran population, you can go directly to the 5 Cities with the Highest Number of Veterans in the US.

Veterans are individuals who have served on active duty in the armed forces, including the Army, Navy, Air Force, Marine Corps, and Coast Guard. The duration of active-duty service is not taken into account.

Over time, the population of veterans who served in World War II, the Korean War, and the Vietnam War has been steadily declining, nearly halving since 2010. In the fiscal year 2022, the US Government’s Department of Veterans Affairs (VA) allocated over $266 billion towards various services such as pay, pensions, healthcare, and education for US veterans. This accounted for approximately 4.3% of federal spending. Furthermore, about 5.9 million families received disability pay.

Research indicates that veterans face disparities in employment rates and have lower labor force participation compared to non-veterans. A study that compared a group of veterans to a similar non-veteran group revealed that veterans had a 4% lower employment rate and earned approximately 12% less than non-veterans. Moreover, veterans are 22% more likely to be unemployed compared to non-veterans.

However, veteran-owned businesses are an important part of the US economy. There are around 2.5 million veteran-owned businesses in the US, accounting for 9.1% of all US businesses. These businesses collectively generate more than $1 trillion in revenue and provide employment to 6 million Americans. Many companies actively seek to hire veterans due to their military training, strong work ethic, and ability to work in teams. Well-known companies such as Boeing Co (NYSE:BA), Duke Energy Corporation (NYSE:DUK), and Steel Dynamics Inc (NASDAQ:STLD) are committed to employing veterans and supporting veteran initiatives.

Boeing Co (NYSE:BA) is a global corporation specializing in commercial airplanes, defense products, and space systems. It was listed in Forbes’ 2022 list of America’s Best Employers for Veterans and continues to invest in veteran talent through engagement efforts. Similarly, Steel Dynamics Inc, a prominent steel producer based in Fort Wayne, Indiana, was listed in Forbes’ 2023 list of America’s Best Employers for Veterans. The company actively recruits veterans as part of its workforce.

Meanwhile, Duke Energy Corporation (NYSE:DUK) is a leading electric power and natural gas holding company serving seven states in the Southeast and Midwest. The company also prioritizes veteran hiring and runs support programs to help new veteran hires integrate into the company. The company shared a financial update in its Q4 2023 earnings call:

“Today, we announced 2023 adjusted earnings per share of $5.56, finishing the year within our guidance range and demonstrating once again our ability to exercise agility in managing our business and meeting our commitments. We also announced 2024 guidance of $5.85 to $6.10 with the midpoint of $5.98. This represents 6% growth from our original 2023 guidance and we extended our 5% to 7% EPS growth rate through 2028 off the midpoint of our 2024 range. We entered the year with significant momentum. 2024 marks a fundamental repositioning of our investment proposition. With the commercial renewable sale, we’ve transformed our business to become a fully regulated utility for the first time in decades. Along with improved regulatory constructs, we’re poised to deliver on our simplified 100% regulated growth plan. Our Southeast and Midwest utilities operate in some of the fastest growing and most attractive jurisdictions across the US. We expect growth in our service territories to accelerate, as we move further into the energy transition driving substantial investment. We are now projecting $73 billion in CapEx over the next five years, an $8 billion increase versus our previous plan.”

Glynnis Jones/Shutterstock.com

Our Methodology

To shortlist the 30 cities with the highest number of veterans in the US, we referred to data from the US Census Bureau. We focused on five-year estimates from the 2020 American Community Survey focusing on the proportion of the civilian population aged 18 and over who are veterans. In each city featured on this list, over 10% of adult residents have served in the military at some point in their lives. In certain cities, this demographic represents more than 25% of the adult population. The cities have been ranked in ascending order of the percentage of veteran residents as of 2020.

By the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a consensus approach, we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or professional one looking for the best stocks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.

30 Cities With The Highest Number of Veterans in the US

30. Evans, Georgia

Percentage of Veteran Residents: 17.5%

Evans, Georgia, recorded a population of 37,456 in 2022, with 6,554 of its residents being veterans. Evans is located in Columbia County. In 2021, the median household income in Evans stood at $118,399.

29. Lawton, Oklahoma

Percentage of Veteran Residents: 17.6%

Lawton, OK, recorded a population of 91,542 in 2022, with a median household income of $54,494. The city is located near Fort Sill, Oklahoma, a prominent military training area. Lawton offers a combination of urban amenities and rural charm. The cost of living in the city is lower than the national average.

28. Bellevue, Nebraska

Percentage of Veteran Residents: 17.7%

Bellevue, Nebraska, is located in Sarpy County and offers residents a suburban ambiance. With a population of 63,015 in 2022, Bellevue offers a lower cost of living compared to the national average. The average household income in the city is $73,534.

27. Virginia Beach, Virginia

Percentage of Veteran Residents: 17.7%

Virginia Beach, VA, has a median household income of $81,810 and a population of 455,618 as of 2022. The city’s cost of living is approximately 4% higher than the national average. The city is an active coastal city and is Virginia’s largest city.

26. Pahrump, Nevada

Percentage of Veteran Residents: 17.8%

Pahrump, Nevada, is a casino town with several award-winning wineries. The city recorded 17.8% of veteran residents as of 2020. The median household income in Pahrump was $54,988 in 2022.

25. Sun City, Arizona

Percentage of Veteran Residents: 18.2%

Sun City, Arizona, has a median household income of $51,263. Sun City is an age-restricted community where at least one member of each household must be above 55 years old.

24. Hampton, Virginia

Percentage of Veteran Residents: 18.3%

In 2022, Hampton, Virginia, had a population of 138,037, with a median household income of $64,430. It’s known for its lively atmosphere, hosting various festivals and events. Attractions like the Fort Monroe National Monument, Virginia Air and Space Center, and Hampton History Museum draw visitors. Furthermore, harbor tours and cruises offer recreational opportunities for residents and tourists alike.

23. Jacksonville, North Carolina

Percentage of Veteran Residents: 18.5%

Jacksonville, located in Onslow County, North Carolina, had a population of 70,420 in 2022. Known for its family-friendly atmosphere and safety, the city enjoys favorable weather for most of the year. Jacksonville has 85 miles of stunning beaches and is known as the Crystal Coast.

22. Fleming Island, Florida

Percentage of Veteran Residents: 18.8%

Fleming Island is located in Clay County, about 21 miles away from Jacksonville. The city recorded a median household income of $117,414 in 2022. The cost of living in the city is 9% above the national average.

21. Twentynine Palms, California

Percentage of Veteran Residents: 18.9%

Twentynine Palms serves as the gateway to Joshua Tree National Park and is home to both the park headquarters and the Marine Corps Air Ground Combat Center. This is the world’s largest Marine Corps training base.

20. Enterprise, Alabama

Percentage of Veteran Residents: 19.1%

Enterprise is a city in Dale County. The city recorded 19.1% of veteran residents as of 2020. The average household income in Enterprise is $78,651.

19. Sun City Center, Florida

Percentage of Veteran Residents: 19.2%

Sun City Center, situated south of Tampa, is an active senior living community known for its peaceful atmosphere. The median household income in the city stands at $64,661 as of 2022.

18. The Villages, Florida

Percentage of Veteran Residents: 19.3%

The Villages, Florida, is a well-known 55 Plus community and is considered one of the best places to retire in Florida. It’s loved for its friendly atmosphere, plentiful activities, and entertainment options.

17. Leavenworth, Kansas

Percentage of Veteran Residents: 19.5%

In 2022, Leavenworth had a population of 37,081, with a median household income of $63,260. The cost of living in the city is 19% lower than the national average, making it an attractive choice for residents.

16. Fayetteville, North Carolina

Percentage of Veteran Residents: 19.6%

Fayetteville, NC, is estimated to have a population of 392,336 in 2023, with a cost of living that is 6% lower than the national average. The average household income in the city is $64,073. Despite its sizable population, Fayetteville maintains a small-town atmosphere, offering residents a close-knit community feel. The city is home to the Fort Bragg army base.

15. O’Fallon, Illinois

Percentage of Veteran Residents: 19.7%

O’Fallon, located in St. Clair County, has a median household income of $91,298 per year. The cost of living in the city is approximately 14% less than the national average.

14. Fortuna Foothills, Arizona

Percentage of Veteran Residents: 20%

Fortuna Foothills has a cost of living that is 4% less than the national average. The median household income in the city stands at $55,347.

13. Clarksville, Tennessee

Percentage of Veteran Residents: 20.3%

Clarksville has a cost of living that is 11% lower than the national average, with an annual median household income of $58,838. The city is home to Austin Peay State University and is characterized by its small-town charm.

12. Alamogordo, New Mexico

Percentage of Veteran Residents: 20.5%

Alamogordo is at the twelfth position on our list of cities with the highest number of veterans in the US. The percentage of veteran residents in the city stood at 20.5% as of 2020.

11. Security-Widefield, Colorado

Percentage of Veteran Residents: 20.7%

Security-Widefield is a part of Colorado Springs and is under the jurisdiction of El Paso County. The city’s median household income was recorded at $80,458 in 2022.

10. Schertz, Texas

Percentage of Veteran Residents: 22.5%

With a population of 42,545, Schertz enjoyed a median household income of $94,173 in 2022. The city is recognized as one of the premier places in Texas to live, and it offers a high quality of life to its residents.

9. Fountain, Colorado

Percentage of Veteran Residents: 23.3%

Fountain, Colorado, recorded 23.3% of veteran residents in 2020, making it secure the ninth position on our list of cities with the highest number of veterans in the US.

8. Sun City West, Arizona

Percentage of Veteran Residents: 23.8%

Sun City West is an active senior community with a population of 26,639 as of 2022. The city’s cost of living is 6% above the state average.

7. Cibolo, Texas

Percentage of Veteran Residents: 23.9%

Cibolo City, with a population of 32,640, is renowned as one of the prime places to live in Texas. It has a strong military community and is known for its top-rated schools, making it an attractive destination for families.

6. Navarre, Florida

Percentage of Veteran Residents: 25.8%

Navarre provides easy access to the beach, pleasant weather, and a variety of recreational activities. The cost of living in Navarre is slightly lower than the national average.

Click to continue reading and see the 5 Cities with the Highest Number of Veterans in the US.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Published on October 30, 2024 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later!

A New Dawn is Coming to U.S. Stocks

Published on November 16, 2024 at by Insider Monkey Staff

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…

Insider Monkey Ads

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Log In

Sign Up