For newly divorced, recovering one's financial base is often a priority, perhaps even more than finding a new love. But how well people overcome the end of a marriage could depend on where they live, according to a new study by the website LendingTree.
Using data taken from the 2018 U.S. Community Survey of the U.S. Census Bureau. In the US, the study determined the scores of the 50 largest metropolitan areas in the country in three categories, one economic and two relationship-based, to reach a list of the best and worst places to recover from divorce.
The economic category comprised three factors: the average income of divorced persons and how it compares with that of other single-income families; Home ownership rates between divorced and associated costs; and expenses that tenants face.
A relationship category analyzed the local dating group, considering the percentage of single people in a given city and gender balance. The other category of relationship analyzed the "risk factor of remarrying" of each city. A higher percentage of residents who had married at least three times decreased scores, as did a large portion of divorced and separated people in general.
The worst city to recover from divorce turned out to be New York, which is expensive and has fewer people, per capita, in the dating group, according to the study.
Minneapolis, with an excellent economic score, topped the list. Milwaukee was next, with excellent risk factor scores for new marriage. Detroit was third, also reinforced by its economic score. Then sign the papers and head to the Midwest, perhaps, where living is easier and loving is better … according to the study.
Next, the 10 best and 10 worst cities in the study, and their scores in each category.