Top 10 U.S. Cities with the Best Credit Scores
Explore the top American cities with the highest credit scores, characterized by low utilization rates and timely debt payments. Key cities like Madison, Fargo, and Rochester showcase excellent credit health, reflecting responsible financial habits among residents. Maintaining a high credit score often correlates with low debt and prudent credit use, making these cities ideal for understanding effective credit management. Stay informed with updates on credit strategies, financial tips, and investment advice through our social media channels.
Top 10 U.S. Cities with the Best Credit Scores
The credit standing of a city reflects how its residents manage their borrowing and debt. While pinpointing exact reasons for high or low credit scores can be complex, economic stability, cultural influences, and individual financial habits play significant roles. Factors like credit utilization and total debt levels also impact overall credit health.
This list highlights ten American cities where residents tend to maintain low credit utilization, high credit scores, and minimal credit card balances, indicating timely debt repayment.
Municipalities with credit scores above 700 are considered to have excellent credit. These cities have consistently demonstrated top creditworthiness.
Madison, Wisconsin
In Madison, the average credit score is 702, with total debt averaging $35,815. The average credit card balance is $4,545, and the credit utilization rate is 26%.
Fargo, North Dakota
Fargo residents have an average credit score of 703, with debt totaling $37,966. The average credit card debt is $4,661 and credit utilization is 25%.
La Crosse, Wisconsin
Average credit score in La Crosse is 703, with debts amounting to $32,895. The city’s residents maintain an average credit card balance of $4,223 and a utilization rate of 25%.
Sioux Falls, South Dakota
Residents in Sioux Falls enjoy an average credit score of 703, with an average debt of $39,269. The typical credit card balance is $4,661, and credit utilization stands at 25%.
Duluth, Minnesota
In Duluth, the average credit score is 703, with total debt around $34,782. Average credit card debt is $4,825, and the utilization rate is 26%.
Wausau, Wisconsin
The city of Wausau reports an average credit score of 704, with debt averaging $31,975. The average credit card balance is $4,144, and credit utilization is 25%.
Additional Noteworthy Cities:
Green Bay, Wisconsin: Average credit score of 704, $33,034 debt, $4,363 credit card balance, 24% utilization
Minneapolis: Credit score of 707, $37,699 debt, $5,315 credit card balance, 26% utilization
Rochester, Minnesota: Credit score of 708, $35,973 debt, $4,329 credit card balance, 24% utilization
Mankato, Minnesota: Credit score of 708, $32,536 debt, $4,011 credit card balance, 24% utilization
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