Financial Health Index ranks Miami among top 30 U.S. cities

by Patrick Regan

Miami was named a top 30 U.S. metro area on the Financial Health Index, released this month by TheCreditReview.

The index examined major U.S. metro areas for municipal, business and resident financial health, calculating municipal revenue to debt ratio, new business applications, average resident income and more to arrive at its rankings.

The Miami-Fort Lauderdale-Pompano Beach area ranked No. 26 overall. The region had the No. 7 business financial score and No. 18 municipal financial score. 

The Atlanta metro area was No. 1 for municipal finances. Salt Lake City had the top business score, and the Houston area was best for resident finances.

The Indianapolis metro area topped the overall rankings followed by Salt Lake City; Atlanta; Austin, Texas; and Charlotte, N.C.

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