My answer is "No, not by a long shot."
There are some great ones, but most seem not to know enough to put the simplest stories together without using more ideological glue than facts. And even in the relative absence of ideology, there is often a lack of basic rigor in handling the facts.
For instance, I don't think that I've ever seen a single good news article in any of the local papers on something as important as school budgets. There's no digging, so there's no perspective and no context. It's all just "he said, she said."
But to be honest, it's not just the local papers. The New York Times has become about as objective as The Daily Worker. It's crap, up to and including its Pulitzer Prize winners.