Dive into our latest credit card debt report, revealing the states with the most and least credit card debt. We’ll break down the current state of the industry, from overall debt figures to per-person averages, offering valuable insights into the financial landscape across the United States.
The 10 States with the Most and Least Credit Card Debt
My recent interactive graphic The United States of Credit provided a wealth of interesting data about credit card usage and average debt, income, and credit scores across the country on a state by state basis.
In this credit card statistics report, here I highlight the present state of the credit card industry which indicates which states with the most and least overall credit card debt as well as the states with the highest and lowest credit card debt per person.
You’ll see that:
- California has the highest total credit card debt, but Alaska has the highest amount of credit card debt per person.
- Alaska is one of the states with the least total credit card debt.
- New Jersey, Virginia, Texas, Georgia, and New York are the states with the highest total credit card debt and most credit card debt per person.
- Vermont is the state with the least total credit card debt, but Iowa has the lowest amount of credit card debt per person.
- South Dakota and North Dakota have the least total credit card debt and lowest credit card debt per person.
States with the Most Total Credit Card Debt
| State | Total Credit Card Debt |
|---|---|
| California | $100B |
| Texas | $76B |
| Florida | $60B |
| New York | $53B |
| Pennsylvania | $36B |
| Illinois | $33B |
| Virginia | $30B |
| New Jersey | $28B |
| Georgia | $26B |
| Michigan | $24B |
States with the Most Credit Card Debt Per Person
| State | Credit Card Debt Per Person |
|---|---|
| Alaska | $8,030 |
| New Jersey | $7,080 |
| Connecticut | $7,080 |
| Virginia | $6,970 |
| Maryland | $6,950 |
| Texas | $6,750 |
| Hawaii | $6,670 |
| Georgia | $6,570 |
| New York | $6,490 |
| Florida | $6,460 |
States with the Least Total Credit Card Debt
| State | Total Credit Card Debt |
|---|---|
| Vermont | $1.4B |
| South Dakota | $1.5B |
| Wyoming | $1.6B |
| North Dakota | $1.7B |
| Alaska | $2.3B |
| Montana | $2.7B |
| Maine | $2.7B |
| Delaware | $2.7B |
| Rhode Island | $2.8B |
| Hawaii | $3B |
States with the Least Credit Card Debt Per Person
| State | Credit Card Debt Per Person |
|---|---|
| Iowa | $4,770 |
| Wisconsin | $4,960 |
| Mississippi | $5,130 |
| Kentucky | $5,140 |
| West Virginia | $5,140 |
| Idaho | $5,210 |
| South Dakota | $5,240 |
| Indiana | $5,250 |
| North Dakota | $5,270 |
| Arkansas | $5,330 |
