San Jose Tops List of Best Metro Areas for Middle Class While Fresno Ranks Last
• San Jose, CA tops the list of best metro areas for middle class while Fresno, CA is the worst at #50 • Ranking factors true living cost changes since 2005, true weekly earnings adjusted for cost of living, true unemployment rate
• Top metro areas tend to have high home prices but also rising wages that offset cost of living
• Bottom metro areas see low wage growth compared to fast-rising costs of necessities
• Just 15% of CA households and a historic low nationally can now afford to buy a home amid high inflation and mortgage rates