News and Society -Crime News Blog: What States Have The ...

ByJa Thomas

Washington, DC had the most property crimes per capita in 2010 with more than 4% of the population being effected. After DC, the 5 worst states for property crimes in 2010 according to the FBI were:

1.South Carolina
2.Texas
3.Washington State
4.Tennessee
5.Louisiana

The State of Georgia is next on the list after Louisiana as one of the worst states in the US for property crimes in 2010. The 5 best states with the least property crimes in 2010 were:

1.North Dakota
2.South Dakota
3.New York
4.Idaho
5.New Jersey

Though property crimes are not a representation of all crimes in a state, this category represents the largest variable for determining property values and their fluctuation relative to crime statistics. Choosing to live in the "wrong" town can cause loss in property values or property. Some people do not have a choice, but one's knowledge about their surroundings is important. Policy-makers must also take note so they can adjust budget allocations from ineffective uses to crime control.

There are cities where crime is the unfortunate product of heavy commerce mixed with a high population of poverty-level citizens. Loss of jobs lead to increased crime, while new laws and threats cause additional work-loads on justice department staff. Priorities must be considered when determining the most important crimes to fight. Property values are important, but large-impact crimes typically take primary focus. The damage to the World Trade Center property on 9/11/01 had a large impact and investigations continue.

Companies such as Wackenhut (G4S) and Command Security Corporation would potentially consider locating offices and marketing efforts in states reporting high crime. G4S stock (BG) has almost doubled in the past year, an incremental increase along with crime and security threats. G4S can be considered a market index for the Security industry. Though stock values are not always an exact representation of a company's profits, specific industry leaders that report consistent price value increases over a year are shown to be a representation of an industry or macro-economic trend. By comparing the performance over the past year with the performance of other sectors, one can find similarities that can be used for market forecasting.

Whatever one has as a reason to study crime statistics, their effectiveness must be considered. Too much focus on one source of statistics or a single type of statistic may cause innacurate assumptions and/or conclusions. The crime level of a state must also be weighted by the economic opportunities of a state before concluding property values. Local crime rates may be high, such as in DC, but other real estate factors such as historical value, proximity to employment, and cool neighborhoods play as important roles in determining property relevance in each state and city.

http://www.examiner.com/business-in-atlanta/james-thomas

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Source: http://newsandsociety-crimenews.blogspot.com/2012/07/what-states-have-highest-crime-rate.html

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