Scottsdale bests Chandler, ranks as the 8th best-run city

Scottsdale has outranked Chandler as the eighth best-run city in the nation, according to an analysis by 24/7 Wall St. The financial news and opinion company said it chose Scottsdale for its healthy employment, low poverty and stable Aaa rating. Among the largest cities, Scottsdale has the seventh-highest median income in the nation, the highest percentage of high school graduates at 95.9 percent, and is in the top 10 for unemployment and health insurance, according to the online article. Chandler, which came in ninth, has a Aaa stable rating, and in 2010 had the ninth-lowest unemployment rate among the largest cities and the sixth-lowest poverty rate, 24/7 Wall St. said. The Delaware-based company reviewed the economies, standard of living and fiscal discipline of the 100 largest cities by population. Virginia Beach, Va., ranked first, followed by Irvine, Calif., Madison, Wis., Fremont, Calif., Lincoln, Neb., Chesapeake, Va., Seattle, Wash., Scottsdale, Chandler and Plano, Texas. Miami, Fla., was labeled the worst-run city. The full analysis is available at 247wallst.com/category/2012.

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