16 Places in America That Used to Be Rich But Are Now Poor

Many of America’s poorest towns weren’t always facing hard times. In fact, some of them are former boomtowns that used to boast prosperous economies and flourishing industries. Using figures from the US Census Bureau’s American Community Survey and Data USA, we examine how prosperity turned to poverty in towns and cities nationwide.

Whigham, Georgia: From Agricultural Hub to Economic Downturn

Whigham, Georgia, took a severe hit during the Great Depression, drastically reducing its population from its late 19th-century beginnings as a thriving agricultural town. Despite a small peak in 2000, its population declined to 552 by 2020. This southern town, originally flourishing with farms and agricultural businesses, now struggles with a 13.7% poverty rate.

West Blocton, Alabama: The Rise and Fall of a Coal Town

Around 3,600 residents thrived in West Blocton, Alabama, at the height of the coal industry. However, a devastating fire in 1927, followed by the 1929 stock market crash, led to its decline. Today, it houses around 1,200 people, facing a poverty rate of 18.5%, with a median household income of $33,625.

Bogalusa, Louisiana: Timber’s Decline

Once a booming timber town, Bogalusa, Louisiana, now struggles with a 31.5% poverty rate. The timber industry’s decline in the 1960s left the city with diminished prosperity. Today, with a median income of $31,976 and only 9.7% of its adults holding a bachelor’s degree, the place reflects the hardships faced post-industry.

Camden, Arkansas: From Cotton Fields to Economic Hardships

In the late 1800s, Camden, Arkansas, was a vibrant hub due to its thriving cotton trade. However, post-WWII changes in agricultural practices and foreign competition decimated local production. Now, Camden struggles with a poverty rate of 31.8% and a median household income significantly below the national average.

Brunswick, Georgia: The Ebb and Flow of Fortunes

Brunswick, Georgia, experienced fluctuating fortunes, originally thriving through naval stores and timber production. Despite the ongoing strength of the timber industry nationally, Brunswick hasn’t benefitted, resulting in a poverty rate of 34.7% and a stark drop in median household income.

Laurinburg, North Carolina: Textile Boom to Bust

Laurinburg, North Carolina, once prospered through its textile industry. Despite a rich history of economic prosperity around textile manufacturing, the industry’s shift away from smaller towns has left Laurinburg with a poverty rate of 36.6% and a reduced median household income.

Braddock, Pennsylvania: Steel’s Legacy Lost

Braddock thrived with a strong steel industry until its decline in the 1970s. Once a bustling economic locale, the borough situated in the eastern suburbs of Pittsburgh now endures a high poverty rate of 36.7%. The significant decrease in population and economic output starkly contrasts its industrious past.

East Cleveland, Ohio: Industrial Decline and Economic Struggles

In its industrial prime, East Cleveland, Ohio, was a magnet for manufacturing jobs and economic growth. Today, it suffers from a 37.5% poverty rate, with incomes and employment opportunities far below their historical peak. The closure of major factories like General Electric has had a lasting impact.

Ville Platte, Louisiana: From Oil Boom to Economic Gloom

Ville Platte, Louisiana, experienced economic highs with the discovery of oil and the establishment of a carbon black plant. However, with a current poverty rate of 41.4% and minimal local employment, the town’s past prosperity is just a memory.

Brownsville, Florida: Social Shifts and Economic Downturns

In the early 1900s, Brownsville, Florida, was a flourishing area for Black professionals. However, demographic and social changes post-WWII led to the decline of locally owned businesses. Despite its historical significance today, it grapples with a poverty rate exceeding 40%.

Springhill, Louisiana: Timber and Paper Industry’s Decline

Springhill, Louisiana, sustained its economy through timber and paper industries until the International Paper Company’s mill was closed in 1979. Since then, the town has faced a poverty rate of 45.6%, reflecting the broader struggles of small industry towns.

Hamtramck, Michigan: Auto Industry Impact

Once known for its thriving automobile manufacturing, Hamtramck, Michigan, has since struggled as industries have moved or closed, including the significant loss marked by General Motors’ plant closure. The town now suffers from a poverty rate of 46.5% and declining economic opportunities.

Cairo, Illinois: Historical Highs to Economic Lows

Cairo, Illinois, was poised for prosperity post-Civil War with booming rail and ferry industries. However, a series of challenges over the century led to economic decline, and today, it faces a poverty rate of 46.5% with a significantly reduced population.

Wichita, Kansas: Aviation’s Decline

Once celebrated as “The Air Capital of the World,” Wichita, Kansas, has seen its aerospace sector struggle, mainly after key companies like Boeing left. This historical manufacturing hub now ranks lower in wealth than its mid-20th-century status. Then again, you can always visit its museums and award-winning food and drink establishments.

Stockton-Lodi, California: Housing Boom and Bust

The financial crisis hit Stockton, California, hard, culminating in a bankruptcy declaration following a housing market collapse. This metropolitan area, once fueled by economic growth, now struggles with a high unemployment rate and significant economic challenges. One good thing, though, is its quality educational institutions, like the University of the Pacific.

Johnstown, Pennsylvania: Steel’s Disappearing Act

Johnstown, Pennsylvania, was a leading steel producer, but it is now grappling with economic stagnation and a high poverty rate. The town’s decline from industrial powerhouse to economic hardship is reflected in its 33.7% poverty rate. Communities faced challenges related to manufacturing industries that no longer sustained their economies.

18 Natural Wonders That Won’t Exist in a Few Years

Our planet is home to incredible natural wonders, each telling its own unique story of the Earth’s evolving landscape. However, some of these irreplaceable treasures are under threat due to a combination of climate change, environmental degradation, and human activity. Here are 18 natural wonders that, sadly, might not exist in the coming years, highlighting the urgent need for conservation efforts.

The Great Barrier Reef, Australia

This vibrant underwater world is suffering from coral bleaching due to rising sea temperatures, which stresses the coral and leads to a loss of algae that corals need to survive. Ocean acidification due to increased carbon dioxide levels further threatens this marine biodiversity hotspot.

The Amazon Rainforest, South America

This vast rainforest is being deforested at an alarming rate for agriculture, logging, and mining, reducing the habitat for countless species and releasing carbon dioxide into the atmosphere. The loss of this crucial ecosystem would have catastrophic effects on global climate patterns and biodiversity.

The Dead Sea, Middle East

Famous for its high salinity and buoyant waters, the Dead Sea is shrinking due to water being diverted from the Jordan River and mineral mining. Its retreat threatens the unique biological and tourism value of the region.

Glacier National Park, USA

Once boasting over 150 glaciers, now only a fraction remain, with experts predicting their complete disappearance if global warming continues at its current pace. The glaciers’ meltwater supports ecosystems both within and beyond the park’s boundaries during the dry months.

The Maldives

Positioned just meters above sea level, the Maldives faces the risk of becoming uninhabitable due to rising sea levels, which would not only displace thousands of people but also destroy the country’s rich marine life. The situation underscores the urgent need for global climate action to save low-lying nations.

Venice, Italy

The historic city of Venice is grappling with the dual challenges of sinking foundations and rising sea levels, leading to more frequent and severe flooding that threatens its iconic architecture and cultural heritage. Efforts to protect the city, such as the MOSE project, are underway but face technical and financial hurdles.

Madagascar’s Rainforests

These rainforests are being decimated by illegal logging, agriculture, and wildfires at an unsustainable rate, endangering the habitat of unique species such as lemurs and affecting local climate regulation. Conservation efforts are critical to preserving these ecosystems and the myriad of life they support.

The Arctic Ice Cap

Rapid melting of the Arctic ice cap due to global warming is not only a dire threat to species like polar bears and seals but also contributes to rising sea levels worldwide, which could affect billions of people. The Arctic’s shrinking ice also impacts indigenous communities and global weather patterns.

Mount Kilimanjaro, Tanzania

The iconic snowcap of Mount Kilimanjaro is disappearing due to climate change, with scientists estimating it could vanish in a few decades, affecting local water sources and the mountain’s unique ecosystems. This change serves as a visual indicator of the fast pace of global warming.

The Galápagos Islands, Ecuador

Facing pressures from invasive species, increased tourism, and climate change, the Galápagos Islands’ unique biodiversity, including species that inspired Darwin’s theory of evolution, is at risk. Protecting these islands is crucial for scientific research, conservation, and balancing their fragile ecosystems.

Banff National Park Glaciers, Canada

The glaciers within this iconic Canadian park are rapidly melting, affecting freshwater resources for millions and altering the landscape visitors and wildlife cherish. The loss of these glaciers clearly signals the need for environmental stewardship and climate change mitigation.

The Sundarbans, Bangladesh/India

This UNESCO World Heritage Site, known for its unique tiger population, faces the threat of rising sea levels and increased cyclone activity, which could lead to the loss of this critical mangrove ecosystem. The Sundarbans serve as a vital protective barrier against flooding for millions of people.

Lake Chad, Africa

Once one of the largest lakes in Africa, Lake Chad has significantly reduced in size due to extended drought, overuse of water for irrigation, and climate change, affecting the livelihoods of millions who depend on it for fishing and agriculture. The shrinking of Lake Chad is a dramatic example of how climate variability and human activity can impact water resources.

The Alps

The glaciers in the European Alps are melting at an unprecedented rate, threatening the region’s freshwater supply, biodiversity, and the ski industry. The retreat of Alpine glaciers is a stark reminder of the immediate effects of climate change on mountain environments.

Joshua Tree National Park, USA

The park’s namesake Joshua trees struggle to survive in the face of hotter temperatures and less predictable rainfall, posing a significant threat to the future of these iconic desert landscapes. Conservation efforts are vital to protect these unique trees and the biodiversity they support.

The Great Wall of China

Although not a ‘natural’ wonder, this ancient marvel faces threats from erosion, sandstorms, and human damage, which slowly degrade its structure and historical significance. Preserving the Great Wall is essential for maintaining a link to the past and for future generations to appreciate its grandeur.

Patagonian Ice Fields, South America

The massive ice fields in Patagonia are retreating rapidly due to rising global temperatures, which leads to rising sea levels and the disruption of local ecosystems. These ice fields are crucial water sources for the region, and their loss would have profound environmental impacts.

The Seychelles

Like the Maldives, the Seychelles is another island nation fighting for its survival against the rising sea levels, which threaten to engulf its islands and erase its unique ecosystems. The situation calls for immediate international efforts to combat climate change and protect vulnerable coastal communities.

20 Wealth Secrets Every Rich Person Knows That Most of Us Don’t

The path to wealth is often shrouded in misconceptions and oversimplified advice. However, those who have truly attained financial success know that it involves a combination of mindset, habits, and principles that aren’t always obvious to the casual observer. Here are 20 wealth secrets that the rich understand, which can transform your approach to achieving financial prosperity.

Wealth Is Built Over Time, Not Overnight

The wealthy know that true wealth is the result of consistent effort and smart decisions made over time, not quick schemes or sudden windfalls.

Diversification Is Key to Risk Management

By spreading investments across different assets, the rich mitigate risk and protect their portfolios from volatility, ensuring steadier growth over time.

Income Is Not Wealth

High earners aren’t automatically wealthy. The rich understand that building wealth involves saving and investing a portion of their income, not just earning more.

Live Below Your Means

Even when their income increases, financially successful individuals resist lifestyle inflation. They know that true wealth comes from the ability to save and invest, not from lavish spending.

The Importance of Financial Literacy

Understanding how money works, from investing to taxes, is a cornerstone of wealth-building. The wealthy continuously educate themselves on financial matters.

Assets Over Liabilities

Rich people focus on acquiring assets that generate income or appreciate over time rather than liabilities that cost money to maintain.

The Power of Compound Interest

Wealthy individuals leverage the power of compound interest, which Albert Einstein reportedly called the eighth wonder of the world, by investing early and often.

Time Is More Valuable Than Money

The rich prioritize tasks that maximize their earning potential and delegate or eliminate less productive activities, knowing that time is a finite resource.

Creating Multiple Income Streams

Relying on a single source of income is risky; the financially successful often have multiple streams, including investments, businesses, and passive income sources.

The Role of Networking

Building a strong network of contacts is invaluable. The wealthy know that opportunities for growth and investment often come from connections within their network.

Continuous Personal Development

Investing in personal and professional growth is a priority for those who achieve significant wealth. They know that expanding their knowledge and skills is an investment in their future earning potential.

The Importance of a Long-Term Perspective

Wealthy individuals make financial decisions with the long term in mind, prioritizing sustainable growth over short-term gains.

Wealth Is Not Just About Money

A rich life includes health, relationships, and personal fulfillment. The wealthy understand the importance of balancing financial success with other aspects of well-being.

Taking Calculated Risks

Fear of failure prevents many from achieving financial success. The rich are willing to take calculated risks, knowing that failure is often a step towards success.

The Need for a Clear Vision and Goals

Having a clear understanding of what you want to achieve and setting specific, measurable goals is crucial for financial success.

Passive Income Is a Path to Financial Freedom

The wealthy work not just for money but to create sources of income that don’t require their active involvement, allowing them financial freedom.

Protecting Wealth with Insurance and Legal Planning

Smart wealth management includes protecting assets from unforeseen events and legal issues, something the wealthy take seriously.

The Significance of Giving Back

Many wealthy individuals understand the importance of contributing to their communities and the causes they care about, seeing it as a responsibility that comes with wealth.

Being Frugal, Not Cheap

There’s a difference between being mindful of spending and skimping on everything. The wealthy are often frugal, making thoughtful spending decisions that align with their values and goals.

Understanding That Money Is a Tool

Finally, the wealthy see money not as an end goal but as a tool that can provide freedom, opportunities, and the ability to make a difference.