At the last census, the population of Iowa was 3,200,517. On average, Iowa residents earn a personal income of $51,140 and owe $43,120 in consumer debt (excluding mortgages). The state is ranked 20th in terms of overall poverty rate with 11.2% of the population living under the federal poverty guidelines. Whether you live in Iowa …
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It’s never too late — or too early — to start thinking about your financial health and get your finances in order. For many people, this means establishing a savings fund, paying off debt, or maxing out their investment account contributions. But if you’re struggling to pay for everyday expenses or monthly bills, the idea …
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Millions of people are behind on their bills. In fact, 49% of American adults have been skipping meals to pay their bills. While continuing inflation from the COVID-19 pandemic hasn’t helped, many people struggled to pay their bills even before that. Unfortunately, there are some severe consequences if you can’t afford to pay your bills. …
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Approximately 4,240,137 people live in Oregon State. On average, Oregonians have a personal income of $59,070 and owe $61,760 in consumer debt (excluding mortgages). The state — affectionately known as The Beaver State — has a poverty rate of 11.4%, the 23rd highest in the U.S. Oregon is known for its striking scenery, recreational activities, …
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As of July 2022, an estimated 11,756,058 people called Ohio their home. The average Kentucky resident makes $53,170 a year (mean wage) and owes about $41,740 in consumer debt (not including mortgages). Just over 13% of Ohio residents live in poverty — this makes Ohio the 36th highest in terms of its poverty rate. If …
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Kansas is home to about 2,937,150 people, making it the 35th least populous state in the country. An estimated 10.6% of residents live below the federal poverty line, which is lower than the national poverty rate of 11.6%. The state’s median household income is $64,521 — around $10,000 lower than the national household income. The …
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Roughly 12,582,032 people make Illinois their home. Although the typical resident’s personal income is only $59,650, the state’s lower-than-average cost of living helps balance things out. Even so, many Illinois residents struggle to find debt relief and manage day-to-day expenses. In fact, the average debt per capita is $49,480 (excluding mortgages). Also, the state’s official …
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As of July 2022, 10,912,876 people lived in Georgia. With an average personal income of $53,940 and an average debt load of $53,900, many Georgia residents are struggling with debt. In fact, the state ranks 37th in terms of poverty with 13.3% of the population living below the federal poverty line. If you’re living in …
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Idaho’s current population is 1,939,033 and growing. The average personal wage is $47,940, which is about $10,000 lower than the total debt per capita of $58,090. Although it’s one of the more affordable states to call home, many Idaho residents still struggle financially. The state ranks 20th in terms of overall poverty rate at 11.2%, …
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Michigan is home to around 10.05 million people, approximately 13.1% of whom live below the federal poverty guidelines. In comparison, the current population of the USA is 331.9 million and the official poverty rate is 11.6%. The average debt per capita in Michigan is $44,370 — not much lower than the annual mean wage of …
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