By Andrew Sheeler
MAY 20, 2019
California’s high cost of living makes it a difficult place for retired military service members to settle down, according to an annual report by financial services website WalletHub.
California — home to the largest number of active-duty troops in the nation — fares poorly in the survey when it comes to affordable housing, homelessness and the proportion of businesses in the state that are owned by veterans.
Though California rated middle of the pack (No. 21) for overall treatment of retired military, it ranked among the worst for economic conditions (No. 46).
The survey found that while California has one of the smallest veteran populations per capita (No. 48), the Golden State is tied with several others for the highest percentage of homeless veterans.
Nearly a quarter of America’s homeless veterans live in California, according to a survey conducted in 2012 by the Departments of Veterans Affairs and Housing and Urban Development.
California also has one of the lowest percentages of veteran-owned businesses, ranking at No. 49.