5 Cities with the Highest Debt in the US

2. Chicago, Illinois

Debt per Taxpayer: $42,900

Chicago’s skyline is adorned with iconic skyscrapers, including the Willis Tower and the John Hancock Center, reflecting its status as a global financial and commercial hub. Chicago’s diverse neighborhoods offer a tapestry of cultures, cuisines, and traditions, adding to its diversity and creativity. The city is renowned for its thriving arts scene, world-class museums, and passionate sports fandom, particularly for the beloved Chicago Cubs and Chicago Bears. However, Chicago faces challenges such as violent crime, economic inequality, and fiscal woes stemming from pension obligations and budget deficits, contributing to its debt burden and emphasizing the need for comprehensive reform and investment in communities.