Special Report

Pembroke Pines, FL Has Some of the Worst Credit Card Debt in the Country

Americans paid off nearly $100 billion in credit card debt in the early months of the pandemic, as shutdowns across the country found much of the population isolating in their homes and therefore not spending as much. Over the past year, however, debt from credit cards and other revolving plans has surged, hitting an all-time high of $1.1 trillion in April 2022, the most recent month of available data.

According to a credit card debt study from WalletHub, a financial advice company, the average American household had $8,425 in credit card debt in the first quarter of 2022, up 3.1% from a year earlier. In some parts of the country, however, average debt per household exceeds that amount by thousands of dollars.

In Pembroke Pines, Florida, total outstanding credit card debt stood at $801.2 million in the first quarter of 2022, or an average of $13,307 per household – well above the national average and among the most of any large U.S. city.

Many cities with high credit card debt also have higher than average incomes, and Pembroke Pines is no exception. The typical household in the city earns $68,683 annually, compared to the national median household income of $64,994, according to five-year estimates from the U.S. Census Bureau’s American Community Survey.

 

Rank City Avg. household credit card debt ($) Total credit card debt ($) Median household income ($)
1 Pearl City, HI 15,709 222.6 mil. 101,517
2 New York, NY 15,433 49.3 bil. 67,046
3 Santa Clarita, CA 14,937 1 bil. 100,932
4 Chula Vista, CA 14,861 1.2 bil. 86,132
5 Chesapeake, VA 14,576 1.3 bil. 81,261
6 Oxnard, CA 13,956 712 mil. 77,050
7 Anchorage, AK 13,925 1.5 bil. 84,813
8 Santa Ana, CA 13,892 1.1 bil. 72,406
9 Virginia Beach, VA 13,709 2.4 bil. 78,136
10 Scottsdale, AZ 13,623 1.6 bil. 91,042
11 Plano, TX 13,573 1.5 bil. 96,348
12 Juneau, AK 13,486 173.7 mil. 88,077
13 Gilbert, AZ 13,438 1.1 bil. 99,154
14 Pembroke Pines, FL 13,307 801.2 mil. 68,683
15 Riverside, CA 13,234 1.2 bil. 72,738
16 Norfolk, VA 13,223 1.2 bil. 53,026
17 Fort Lauderdale, FL 13,115 983.2 mil. 64,313
18 Rancho Cucamonga, CA 12,849 738.6 mil. 92,290
19 Huntington Beach, CA 12,713 986.4 mil. 97,469
20 Fontana, CA 12,709 703.7 mil. 75,681
21 Irvine, CA 12,684 1.2 bil. 108,318
22 San Antonio, TX 12,678 6.5 bil. 53,420
23 Boston, MA 12,671 3.5 bil. 76,298
24 Oceanside, CA 12,618 771.1 mil. 75,411
25 Glendale, CA 12,590 941.3 mil. 70,596
26 Los Angeles, CA 12,566 17.6 bil. 65,290
27 Anaheim, CA 12,479 1.3 bil. 76,723
28 Garden Grove, CA 12,446 595.4 mil. 73,611
29 Honolulu, HI 12,429 1.6 bil. 72,454
30 New Orleans, LA 12,419 1.9 bil. 43,258
31 Washington, DC 12,412 3.6 bil. 90,842
32 San Diego, CA 12,401 6.3 bil. 83,454
33 Dallas, TX 12,363 6.5 bil. 54,747
34 Ontario, CA 12,308 622.8 mil. 67,357
35 Atlanta, GA 12,297 2.6 bil. 64,179
36 Columbia, SC 12,221 578.1 mil. 47,416
37 Austin, TX 12,215 4.8 bil. 75,752
38 San Jose, CA 12,168 3.9 bil. 117,324
39 Corpus Christi, TX 12,120 1.4 bil. 57,387
40 Moreno Valley, CA 11,948 615.8 mil. 70,385
41 Columbia, MD 11,922 491.9 mil. 111,278
42 San Francisco, CA 11,917 4.3 bil. 119,136
43 Henderson, NV 11,747 1.4 bil. 75,430
44 Charleston, SC 11,707 670 mil. 72,071
45 Miami, FL 11,597 2.1 bil. 44,268
46 Chandler, AZ 11,528 1.1 bil. 85,796
47 Fort Worth, TX 11,472 3.5 bil. 64,567
48 Cape Coral, FL 11,470 801.9 mil. 61,780
49 Overland Park, KS 11,447 914.5 mil. 87,629
50 Long Beach, CA 11,339 1.9 bil. 66,410

 

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