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Phoenix is a Mini-US. Here's Why.

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Phoenix is the No. 10 city in the country that most resembles the US as a whole, WalletHub reports. By that the company means a number of characteristics, such as gender balance, age, racial composition, income and educational attainment. It says ranking on the list is important for a city's economic development for a number of reasons, including deciding whether a company wants cultural variety or uniformity; learning which cities exceed or lag behind national standards for certain factors, such as education or income; and finding the most fertile ground to develop an entrepreneur’s business idea. Indianapolis came in at No. 1, and McAllen, TX, was last (No. 381). [WalletHub]