Rebecca Stumpf

Known for its stunning landscapes and abundance of nature, Montana is home to 1,122,867 people. As picturesque as the state is, many Montana residents still struggle financially. The average personal income is $49,340, whereas the national average is $67,521. Meanwhile, the average debt per capita is $56,662 (excluding mortgages). The state also ranks 31st when […]

Though Nebraskans’ credit card debt is lower than average, it is still significant. The state’s average of $4,819 lands them at #36 in the U.S., while the average personal loan balance is estimated at $24,901 and has an 8.75% average interest rate. If you’re a Nebraskan struggling with debt, there are resources that can help.

Home to 12,972,008 people, Pennsylvania has a slightly lower cost of living than the rest of the country. However, the state isn’t without its flaws, especially when it comes to economic resources and debt. According to one study, 12% of Pennsylvania residents live in poverty, making it the 29th most impoverished state. The total debt

Kentucky is home to 4,512,310 people. The average resident makes $48,170 annually (mean wage) and owes $37,890 in consumer debt (excluding mortgage). The state ranks 48th in terms of poverty rate with 16.3% of residents living below the federal poverty guideline. If you’re a Kentucky resident who needs debt relief or economic help, or if

Many Oklahomans are grappling with a significant amount of debt. On average, Oklahoma households have an average of $8,409 in credit card debt and the sixth-highest credit card debt burden in the U.S., according to CreditCards.com. The median household income in Oklahoma is around $53,840. That’s far below the estimated real median income in the

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

The state of Wisconsin has approximately 5,895,908 living in it. The poverty rate is 10.8%, according to the latest census. This is slightly lower than the national average, which is 11.6%. Overall, the average household income in Wisconsin is $63,293. For comparison, the real median household income in the United States is just over $70,000.

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

Alabama has made some significant inroads when it comes to credit card debt. In a 2019 report, the state was ranked near the bottom. But according to a 2022 analysis, Alabama had a median of $2,013 in credit card debt, the third-lowest total of any state, behind South Dakota and Mississippi. The average payoff time

An estimated 7,174,604 people live in Massachusetts, making it the 15th most populous state in the country. The average annual mean wage is $72,940, but many residents face major financial problems. Approximately 9.4% of Massachusetts residents live in poverty (the eighth highest in the country). Along with this, the average debt per capita is a