Special Report
States With the Most Mortgage Debt
September 24, 2021 2:00 pm
Last Updated: October 12, 2021 8:18 am
Methodology
To determine the states with the most mortgage debt, 24/7 Wall St. reviewed data from the 2021 State of Credit Report by Experian, a consumer reporting agency. Average mortgage debt is a measure of the average first mortgage balance per consumer who had an open first mortgage account.
Figures for median home value, median household income, homeownership rates, and the share of owner-occupied households with a mortgage came from the U.S. Census Bureau’s 2019 American Community Survey.
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