Special Report

States With the Most Mortgage Debt

Grant Suneson
June 12, 2019 6:04 pm
Last Updated: February 17, 2020 3:55 pm

Source: SeanPavonePhoto / Getty Images

35. Louisiana
> Avg. mortgage debt: $149,294
> Median home value: $162,500 (15th lowest)
> Median household income: $46,145 (4th lowest)
> Homeownership rate: 65.2% (15th lowest – tied)
> Homeowners with a mortgage: 52.7% (3rd lowest)

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34. Tennessee
> Avg. mortgage debt: $150,456
> Median home value: $167,500 (16th lowest)
> Median household income: $51,340 (10th lowest)
> Homeownership rate: 65.4% (19th lowest – tied)
> Homeowners with a mortgage: 58.9% (16th lowest)

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33. South Dakota
> Avg. mortgage debt: $152,335
> Median home value: $167,600 (17th lowest)
> Median household income: $56,521 (22nd lowest)
> Homeownership rate: 67.7% (19th highest)
> Homeowners with a mortgage: 55.4% (8th lowest)

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32. Vermont
> Avg. mortgage debt: $155,077
> Median home value: $226,300 (19th highest)
> Median household income: $57,513 (24th lowest)
> Homeownership rate: 69.5% (11th highest)
> Homeowners with a mortgage: 61.8% (24th lowest)

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31. North Dakota
> Avg. mortgage debt: $159,057
> Median home value: $194,700 (25th lowest)
> Median household income: $61,843 (18th highest)
> Homeownership rate: 63.4% (11th lowest)
> Homeowners with a mortgage: 54.5% (5th lowest)

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