States With the Most Mortgage Debt

Print Email

Source: Davel5957 / Getty Images

45. Ohio
> Avg. mortgage debt: $129,106
> Median home value: $144,200 (8th lowest)
> Median household income: $54,021 (16th lowest)
> Homeownership rate: 65.8% (22nd lowest)
> Homeowners with a mortgage: 62.8% (25th highest)

Source: NNehring / Getty Images

44. Iowa
> Avg. mortgage debt: $130,242
> Median home value: $149,100 (9th lowest)
> Median household income: $58,570 (25th highest)
> Homeownership rate: 71.6% (3rd highest – tied)
> Homeowners with a mortgage: 61.6% (23rd lowest)

Source: disorderly / Getty Images

43. Oklahoma
> Avg. mortgage debt: $130,700
> Median home value: $137,400 (4th lowest)
> Median household income: $50,051 (8th lowest)
> Homeownership rate: 65.5% (21st lowest)
> Homeowners with a mortgage: 54.8% (6th lowest)

Source: peeterv / Getty Images

42. Michigan
> Avg. mortgage debt: $135,240
> Median home value: $155,700 (11th lowest)
> Median household income: $54,909 (18th lowest)
> Homeownership rate: 71.3% (5th highest)
> Homeowners with a mortgage: 60.2% (18th lowest)

Source: Public Domain / Wikimedia Commons

41. Nebraska
> Avg. mortgage debt: $136,882
> Median home value: $155,800 (12th lowest)
> Median household income: $59,970 (21st highest)
> Homeownership rate: 66.3% (25th highest)
> Homeowners with a mortgage: 61.0% (21st lowest)