States With the Most Mortgage Debt

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25. Texas
> Avg. mortgage debt: $166,762
> Median home value: $172,200 (20th lowest)
> Median household income: $59,206 (23rd highest)
> Homeownership rate: 62.0% (6th lowest)
> Homeowners with a mortgage: 57.7% (13th lowest)

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24. Georgia
> Avg. mortgage debt: $169,990
> Median home value: $173,700 (21st lowest)
> Median household income: $56,183 (19th lowest)
> Homeownership rate: 62.9% (10th lowest)
> Homeowners with a mortgage: 65.0% (16th highest)

Source: Robstutz / Wikimedia Commons

23. Montana
> Avg. mortgage debt: $175,730
> Median home value: $231,300 (18th highest)
> Median household income: $53,386 (14th lowest)
> Homeownership rate: 69.2% (12th highest)
> Homeowners with a mortgage: 57.1% (11th lowest)

Source: Tim Kiser (w:User:Malepheasant) / Wikimedia Commons

22. Minnesota
> Avg. mortgage debt: $175,993
> Median home value: $224,000 (20th highest)
> Median household income: $68,388 (12th highest)
> Homeownership rate: 71.6% (3rd highest – tied)
> Homeowners with a mortgage: 67.1% (11th highest)

Source: Famartin / Wikimedia Commons

21. Illinois
> Avg. mortgage debt: $179,683
> Median home value: $195,300 (25th highest)
> Median household income: $62,992 (16th highest)
> Homeownership rate: 66.2% (24th lowest – tied)
> Homeowners with a mortgage: 63.1% (23rd highest – tied)