Theres nothing scientific about it. But the Internet publication 24/7 Wall Street has ranked Miami as the worst-run city in the nation.
Dont snicker, Hialeah: Youre ranked 10th.
In its rankings released last week, the website whose claim to fame appears to be sometimes getting linked to by the Wall Street Journal noted Miamians have the fourth-highest domestic purchasing power in the world. But it offset that accomplishment by also noting the Magic City has the second-highest income inequality rate nationwide.
Add to that Miamis vacant homes, and the facts that only 68 percent of adults in the city hold the equivalent of a high school diploma, that its median household income is only $27,291, and that its poverty rate is more than 32 percent, and voilà: No city in the entire nation is in worse shape.
Hialeah, the states fifth-largest city, ranked only nine spots behind Miami nationally. Though Hialeahs crime rate is relatively low, its 12-month unemployment rate is more than 15 percent. And almost one in three of its adults do not have health insurance.
Miami Mayor Tomás Regalado and Hialeah Mayor Carlos Hernandez dismissed the rankings as unreliable.