SmartAsset, a financial technology company, recently released their second annual study on the counties across America with the lowest per capita debt and New Castle County is the best in Delaware. Counties were analyzed by the amount of debt residents held across three categories: credit cards, auto, and mortgage, compared to local income.
The table shows how New Castle County stacked up against the leaders in Delaware:
|
Rank - Advertisement -
|
County |
Income |
Credit Card Debt as % of Income |
Auto Debt as % of Income |
Mortgage Debt as % of Income |
Lowest Debt Index |
|
1 |
New Castle, DE |
$32,616 |
9.3% - Advertisement -
|
12.7% |
120.2% |
54.41 |
|
2 |
Sussex, DE |
$27,748 |
10.3% |
13.6% |
111.8% |
53.10 |
|
3 |
Kent, DE |
$25,259 |
10.8% |
17.3% |
121.4% |
44.24 |
You can find additional information on the study, including the methodology and interactive map here: https://smartasset.com/personal-loans/personal-loan-rates?year=2016#Delaware
