States With the Most Mortgage Debt

Print Email

Source: Mcmillin24 / Wikimedia Commons

15. Arizona
> Avg. mortgage debt: $198,385
> Median home value: $223,400 (21st highest)
> Median household income: $56,581 (23rd lowest)
> Homeownership rate: 64.7% (14th lowest)
> Homeowners with a mortgage: 64.4% (19th highest)

Source: Tricia Simpson / Wikimedia Commons

14. Utah
> Avg. mortgage debt: $204,478
> Median home value: $275,100 (10th highest)
> Median household income: $68,358 (13th highest)
> Homeownership rate: 69.9% (8th highest)
> Homeowners with a mortgage: 71.1% (3rd highest)

Source: trekandshoot / Getty Images

13. Nevada
> Avg. mortgage debt: $215,366
> Median home value: $258,200 (15th highest)
> Median household income: $58,003 (25th lowest)
> Homeownership rate: 56.6% (3rd lowest)
> Homeowners with a mortgage: 69.0% (7th highest)

Source: Orygun / Wikimedia Commons

12. Oregon
> Avg. mortgage debt: $218,408
> Median home value: $319,200 (7th highest)
> Median household income: $60,212 (20th highest)
> Homeownership rate: 62.8% (8th lowest – tied)
> Homeowners with a mortgage: 66.8% (13th highest)

Source: Wonderlane / Wikimedia Commons

11. Alaska
> Avg. mortgage debt: $222,088
> Median home value: $273,100 (12th highest – tied)
> Median household income: $73,181 (7th highest)
> Homeownership rate: 63.5% (12th lowest)
> Homeowners with a mortgage: 64.2% (20th highest – tied)