Top 10 U.S. Cities with the Highest Credit Ratings
Explore the top 10 U.S. cities with the highest credit scores, characterized by responsible debt management, low credit utilization, and timely payments. Learn about the cities leading in financial health and credit reputation across the country.
Top 10 U.S. Cities with the Highest Credit Ratings
The credit score of a region reflects how residents manage their credit and debts. Pinpointing exact reasons behind high or low scores can be challenging, as economic and cultural factors play significant roles. Additional elements such as credit use habits and overall debt levels influence these scores. Here are ten American cities characterized by low credit utilization, high credit scores, and responsible debt repayment, indicating that residents tend to pay their bills on time.
Madison, Wisconsin
Residents in Madison have an average credit score of 702, with an average debt of $35,815. The average credit card balance is $4,545, and credit utilization stands at 26%.
Fargo, North Dakota
Fargo boasts an average credit rating of 703, and average debt of $37,966. Its residents carry an average credit card debt of $4,661 with a credit utilization ratio of 25%.
La Crosse, Wisconsin
With an average credit score of 703, La Crosse's residents have an average debt of $32,895, a credit card balance of $4,223, and utilize 25% of their available credit.
Sioux Falls, South Dakota
Residents average a credit score of 703 and debt of $39,269. Their average credit card balance is $4,661, with a credit utilization rate of 25%.
Duluth, Minnesota
The city’s average credit score is 703, with an average debt of $34,782. The average credit card balance is $4,825, and credit utilization is 26%.
Wausau, Wisconsin
Wausau residents maintain an average credit score of 704, with debt averaging $31,975. They have an average credit card balance of $4,144 and a utilization rate of 25%.
Other Notable Cities:
Green Bay, Wisconsin
The average credit score here is 704, with total debt of $33,034, an average credit card balance of $4,363, and a 24% credit utilization.
Minneapolis
Average credit score is 707, with debt at $37,699, and an average credit card balance of $5,315. The credit utilization rate is 26%.
Rochester, Minnesota
The city has an average credit score of 708, with debts totaling $35,973, credit card balances averaging $4,329, and a credit utilization of 24%.
Mankato, Minnesota
Residents have an average credit score of 708, debt of $32,536, and credit card balances of $4,011, utilizing 24% of their credit.
Stay updated on credit tips and financial insights by visiting our Credit Card section. Follow us on Facebook and Twitter for more investment news.
