What state has the lowest debt per citizen?

Tennessee consistently ranks as having the lowest state debt per citizen, often cited with very low figures like under $1,000 per capita, with Idaho, Utah, and Nebraska also frequently appearing among the lowest for minimal state-level borrowing. However, data can vary by reporting source and whether it includes only state government debt or total liabilities, but Tennessee generally leads in fiscal discipline and low per capita debt burdens.

Which US state has the least amount of debt?

Tennessee and Utah consistently rank as having the least state government debt per capita, often followed by states like Nebraska, Idaho, and South Dakota, with figures generally under $3,000-$4,000 per resident, indicating strong fiscal management and lower overall liabilities compared to other states, though the exact ranking varies slightly by report.
 

What is the most financially stable state in the US?

• Utah. #1 in Fiscal Stability. #1 in Best States Overall. ...
• Delaware. #2 in Fiscal Stability. #18 in Best States Overall. ...
• New York. #3 in Fiscal Stability. ...
• Iowa. #4 in Fiscal Stability. ...
• Georgia. #5 in Fiscal Stability. ...
• Nebraska. #6 in Fiscal Stability. ...
• Tennessee. #7 in Fiscal Stability. ...
• Idaho. #8 in Fiscal Stability.

Which state has the highest debt in the US?

The report found that the California state government carries more debt than any other state with $497 billion in liability. The findings stem from 2023, the most recent year for which complete data was available, according to the Reason Foundation, a think tank with offices in Washington, D.C., and Los Angeles.

Which state has less debt?

Odisha is the lowest debt state in India. Every state is in debt but Indian GDP is real.

If Every Country Is in Debt… Who’s the Creditor?

How many Americans are 100% debt free?

Around 23% of Americans are debt free, according to the most recent data available from the Federal Reserve.

What state has the worst financial problems?

The top 5 financially distressed states

According to WalletHub's analysis of nine financial metrics across all 50 states, Texas ranks as the most financially distressed state in the U.S., followed by Florida, Louisiana, Nevada and South Carolina.

Who owns over 70% of the US debt?

Who owns the most U.S. debt? Around 70-80 percent of U.S. debt is held by domestic financial actors and institutions in the United States. U.S. Treasuries represent a convenient, liquid, low-risk store of value.

What state has the worst debt-to-income ratio?

But why? Idaho is tied with Hawaii for the highest debt-to-income ratio, followed by Arizona, Colorado, and Utah, all at 1.84. One reason Idaho is seeing the highest debt ratios in the country right now is the influx of new residents since 2020.

What city is most in debt in the USA?

Cities with the highest credit card debts per household

• New York, NY ($19,540)
• Rancho Cucamonga, CA ($19,515)
• Fontana, CA ($19,325)
• Oxnard, CA ($19,144)
• Gilbert, AZ ($18,914)
• Santa Ana, CA ($18,546)
• Riverside, CA ($18,462)
• Moreno Valley, CA ($18,414)

What state is #1 in quality of life?

There isn't one single answer, as it depends on the study, but recent reports often name Massachusetts, Vermont, or New Jersey as #1 for Quality of Life, with Massachusetts leading in overall metrics (health, education) and Vermont shining in specific areas like low crime and natural environment. Other top contenders include Idaho, Minnesota, and New York, highlighting that rankings vary based on whether they emphasize healthcare, economy, safety, or environment. 

Which state is no. 1 in economy?

Maharashtra - The Economic Powerhouse. Maharashtra is India's richest state, with a GSDP of ₹42.67 lakh crore, which is more than 13% of the country's total GDP.

What is the cheapest but best state to live in?

The best affordable states to live in generally include Southern and Midwestern options like Mississippi, Alabama, Arkansas, Oklahoma, Georgia, and Kansas, consistently ranking high due to low housing costs, lower overall expenses, and no or low state income taxes, though some might lack economic opportunities or have higher poverty rates. West Virginia, Ohio, Iowa, and Indiana also frequently appear on lists for affordable housing and low living costs, making them great for budget-conscious movers. 

How many Americans have $20,000 in credit card debt?

A majority of Americans (53%) carry some, with an average balance of $7,719. However, a third of those carrying debt (32%) owe $10,000 or more, while almost 1 in 10 (9%) have credit card debt over $20,000.

Which US state is the most financially stable?

Florida, North Dakota, South Dakota, Utah, and Wyoming rank in the top five states. Top-performing states tend to have higher levels of cash, low unfunded pensions, and strong operating positions.

Which country does the US owe the most debt to?

The U.S. owes the most money to Japan, which holds the largest amount of U.S. Treasury securities among foreign countries, followed by the United Kingdom and China as the next biggest foreign holders of American debt, according to data from 2024 and 2025. 

How much is the monthly payment on a $70,000 student loan?

A $70,000 student loan's monthly payment varies widely, from roughly $750 to over $6,000, depending on interest rates (APR) and repayment term, with a 10-year loan at 5% being around $742/month, while a 1-year term at 14% jumps to $6,285/month; federal loans offer income-driven plans (IDR) for lower payments, but private loans depend heavily on credit score and term length.
 

What state is the farthest in debt?

With $497 billion in liabilities, California had the largest state government debt as of the end of the 2023 fiscal year, the most recent year for which complete data are available.

What is the #1 cause of debt in the US?

The leading cause of debt in America, by far, is mortgage debt, making up about 70% of total household debt, as housing is the largest purchase for most Americans. Following mortgages, major drivers of personal debt include auto loans, student loans, credit cards, often used for unexpected expenses like medical bills, and rising costs for necessities like childcare. 

Who was the last president to balance the US budget?

The last president to oversee a balanced federal budget (resulting in surpluses) was Bill Clinton, with surpluses occurring for four consecutive fiscal years from 1998 to 2001, marking the first balanced budgets in decades, notes the Clinton Presidential Center and Harvard Kennedy School. This was achieved through a combination of tax increases (especially on higher earners), spending cuts (like defense), and a strong economy spurred by the dot-com boom. 

Can the US get out of debt?

Yes, the U.S. can get out of debt, but it requires significant, often controversial, fiscal changes like substantial spending cuts (Social Security, Medicare), tax increases, or boosting economic growth dramatically; most economists agree a combination of spending reductions and revenue increases is needed to make the debt sustainable, as growing out of it alone is unlikely given current spending demands.
 

How much does the government owe for social security?

The government "owes" Social Security trillions because it borrowed surplus payroll taxes for other spending, creating an intragovernmental debt (like IOUs) held as U.S. Treasury securities, with estimates around $2.4 to $2.7 trillion in the Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) Trust Funds as of late 2024/mid-2025, which must be repaid from future revenues or borrowing to pay current and future benefits. This debt is part of the larger national debt and represents future obligations that current tax collections aren't fully covering, requiring increased borrowing or reforms. 

Where are Americans struggling financially?

Mississippi ranks as the state where Americans struggle the most to meet their basic needs. Its 30.0% rate of households facing difficulty paying their energy bills is nearly 32% higher than the national average (22.8%).

What state is ranked #1 in the economy?

California remains the largest state economy, responsible for 14.5% of U.S. GDP. California, Texas, New York, and Florida collectively generate over 37% of national GDP. The median U.S. state contributes roughly 1% to 2% of U.S. GDP.