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The top 25 recession-proof cities in the US

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Coronavirus has prompted new fears of a recession in the US.

The Dow plunged as much as 8% on Monday — it's biggest intraday drop since 2010. But how well you'll be able to handle a downturn partly depends on where you live.

A recent SmartAsset report determined the most recession-resistant cities in the US by looking at government data for 264 of the largest cities in the country across 3 categories: employment, housing, and social assistance. It ranked each city across 3 different metrics in each of these categories for a total of 9 metrics, then averaged the metric rankings of each category, giving each an equal weighting.

It then determined the final ranking by averaging each city's score in the 3 categories. Those with the highest ranking (close to 100) are most recession-resistant, while those with the lowest average ranking (close to 0) are the least.

Turns out, Texas is pretty recession-proof — 5 cities in the state made the top 10, including the top spot, and 3 more made the top 25.

Here are the top 25 most recession-proof cities in the US, according to the SmartAsset report.

SEE ALSO: The Great Recession split the millennial generation down the middle, creating 2 groups with very different financial habits

DON'T MISS: How the American millennial is overcoming debt, the dollar, and the economy they were handed

25. West Valley City, Utah

Employment ranking: 65.45

Housing ranking: 74.34



24. Fargo, North Dakota

Employment ranking: 97.38

Housing ranking: 93.67



23. Alexandria, Virginia

Employment ranking: 100

Housing ranking: 81.37



22. Fort Collins, Colorado

Employment ranking: 76.96

Housing ranking: 79.61



21. Oklahoma City, Oklahoma

Employment ranking: 81.68

Housing ranking: 82.07



20. Killeen, Texas

Employment ranking: 56.94

Housing ranking: 61.86

 



19. Arlington, Texas

Employment ranking: 76.31

Housing ranking: 59.05



18. Durham, North Carolina

Employment ranking: 75.52

Housing ranking: 76.27



17. Madison, Wisconsin

Employment ranking: 94.90

Housing ranking: 88.75



16. Omaha, Nebraska

Employment ranking: 81.28

Housing ranking: 85.59



15. Arlington, Virginia

Employment ranking: 99.74

Housing ranking: 94.73



14. Lincoln, Nebraska

Employment ranking: 92.02

Housing ranking: 86.29



13. Rochester, Minnesota

Employment ranking: 89.40

Housing ranking: 84.53



12. Boise, Idaho

Employment ranking: 80.63

Housing ranking: 69.77



11. Round Rock, Texas

Employment ranking: 85.34

Housing ranking: 74.69



10. Sioux Falls, South Dakota

Employment ranking: 96.99

Housing ranking: 84.01



9. Raleigh, North Carolina

Employment ranking: 73.04

Housing ranking: 90.33



8. Cary, North Carolina

Employment ranking: 91.23

Housing ranking: 95.25



7. Lubbock, Texas

Employment ranking: 80.37

Housing ranking: 67.49



6. Sunnyvale, California

Employment ranking: 76.18

Housing ranking: 94.02



5. Austin, Texas

Employment ranking: 86.26

Housing ranking: 79.26



4. Denton, Texas

Employment ranking: 78.4

Housing ranking: 71.18



3. Plano, Texas

Employment ranking: 81.41

Housing ranking: 92.27



2. Cedar Rapids, Iowa

Employment ranking: 94.76

Housing ranking: 86.29



1. Frisco, Texas

Employment ranking: 87.3

Housing ranking: 92.27




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