CITY OF YONKERS NAMED 5th MOST DIVERSE MIDSIZE CITY IN U.S.

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CITY OF YONKERS NAMED 5th MOST DIVERSE MIDSIZE CITY IN U.S.

Leading Personal Finance Outlet “WalletHub.com” Ranks Yonkers as 2017’s Most Diverse Midsize City in New York State

YONKERS, NY – May 9, 2017 – One of the most respected personal finance voices in America, WalletHub.com, has tagged the City of Yonkers as 2017’s fifth most diverse midsize city in America in a recent study.  Yonkers is ranked the most diverse midsize city in New York State and ranked 19th overall amongst all U.S. cities.

 

“Our City brings a diversity that is so enriched that I believe it is our greatest strength” said Yonkers Mayor Mike Spano. “Yonkers is filled with an array of cultures, ethnic backgrounds, religions and races of all ages.  Our diversity is what makes us unique and I’m pleased to see that we are being recognized nationally for these qualities.”

The population of midsize cities is typically between 100,000 and 300,000 people. To determine the study’s rankings, the demographic profiles of more than 500 of the largest cities were studied across five major diversity categories:

  1. Socioeconomic
  2. Cultural
  3. Economic
  4. Household
  5. Religious

Statistical data resulting from the study include:

Diversity in Yonkers  (1=Most Diverse; 250= Average)

  • Income Diversity – 157th
  • Educational-Attainment Diversity – 110th
  • Racial & Ethnic Diversity – 39th
  • Linguistic Diversity – 14th
  • Age Diversity – 136th
  • Household-Type Diversity – 57th
  • Household-Size Diversity – 194th

The new study from WalletHub.com is another example of how diversity has grown in Yonkers during Mayor Spano’s tenure.  According to the U.S. Census, just over 31 percent of the City’s residents were foreign born from 2010-15, nearly 9 percent of the city population is Asian and almost 18 percent of the population is African American.  Hispanics represented almost 19 percent of the population in 2016.

To further celebrate this ever-growing diversity in Yonkers, Mayor Spano last year, along with City officials, dedicated the fountain at Yonkers City Hall as the “Unity Fountain.”  The Unity Fountain aims at representing all ethnic backgrounds, genders, and religions coming together and celebrating diversity as the City’s greatest strength.

The complete study of 2017’s Most Diverse Cities in America can be found at: https://wallethub.com/edu/most-diverse-cities/12690/

WalletHub is a personal finance website that launched in early August 2013 and is owned by Evolution Finance, Inc. – parent company of the credit card website CardHub.com.  Initially positioned as a “personal finance social network” with a focus on reviews for financial advisors, it has since branched into producing research reports and surveys on topics with varying degrees of relevance to personal finance.

 

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