In this piece, we will take a look at the five cities with the biggest housing shortage. For more cities, head on over to 20 Cities With the Biggest Housing Shortage.
5. Laredo, Texas
Latest Rank By Housing Underproduction Share of Units: 5
Laredo is one of the oldest cities in Texas since it was set up in 1755. It also has some of the highest populations of Hispanic Americans among all American cities. The city is best known for housing the famous Texas A&M University, and it has a population of a little over a quarter of a million people. Laredo’s location close to the U.S. border with Mexico also provides it with one of the largest inland ports in America, which is crucial for U.S. imports from Mexico. Naturally, this also makes it a hub for transportation and warehousing in Texas.
4. Salem, Oregon
Latest Rank By Housing Underproduction Share of Units: 4
Salem is one of the largest cities in Oregon and also the state’s capital. Its population is 175,535 and was set up in 1842. Naturally, since it is Oregon’s capital, the state government is one of the largest employers in the city. However, despite being the capital, a large portion of Salem’s population lives below the poverty line. The median household income in the city is $68,185 and Salem also has a large proportion of the youth population. The city is also known for its wine and vineyards.
3. Riverside-San Bernardino-Ontario, California
Latest Rank By Housing Underproduction Share of Units: 3
Riverside-San Bernardino-Ontario is a metropolitan area in California and is commonly known as the Inland Empire. It is one of the largest metropolitan areas in America and one that is larger than a lot of American states such as Hawaii, Massachusetts, Vermont, and New Jersey. The region is known for having commuter housing as it is located close to prosperous yet expensive U.S. cities such as Los Angeles and San Diego.
2. Oxnard-Thousand Oaks-Ventura, California
Latest Rank By Housing Underproduction Share of Units: 2
Oxnard-Thousand Oaks-Ventura is part of the Greater Los Angeles statistical area. However, it is also known as Ventura County and has a rather interesting population of 843,843. The city has a vibrant agricultural economy and one that is fueled by the hemp industry. Additionally, while other Californian areas such as San Francisco suffer from high crime rates, Ventura County is well known for being one of the safest places in the state. Perhaps that’s why it ranks high on our list of the cities with the greatest housing shortage.
1. Gainesville, Georgia
Latest Rank By Housing Underproduction Share of Units: 1
Gainesville is another small city with less than fifty thousand residents. Its economy is fueled primarily by poultry, and Gainesville is often called the ‘Chicken Capital of the World.’
Disclosure: None. You can also take a look at 20 Most Desirable Companies To Work For In USA and 30 Countries with the Highest GDP in 2022.
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