A study by GOBankingRates identified 50 Florida cities where homeowners face significant financial stress, despite some being in hot housing markets. Key metrics included population demographics, household income, unemployment, and cost of living. Miami Gardens ranked highest for financial stress, with average monthly expenditures of $2,302. Other cities in the top 10 included North Miami and Miami. Popular retirement destinations like Fort Lauderdale and Orlando also appeared in the top 50, highlighting widespread financial challenges across the state.
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