Economy Fewer Washington residents have delinquent debt than national average

About 14% of Washington residents carry delinquent debt, lower than the national average of 22%, according to a recent analysis by the Urban Institute.

Among people of color, that rate of past-due or unpaid debt on car or student loans, credit cards and medical bills rises to 17% in Washington and 29% nationwide, compared to 13% for white Washington residents and 19% for white communities nationwide.

However, the median amount of delinquent debt Washington residents have is slightly higher than the national average, at $2,294 compared to $2,123. White residents also carry about $100 more in debt than residents of color in Washington, a trend that’s reversed nationwide.

Only 1% of Washington residents hold delinquent medical debt, opposed to 5% of the nation. Thirteen percent of Washington residents have past-due student loan debt and 3% carry auto or retail loan debt, rates that are both 2% lower than the national average.

https://washingtonstatestandard.com/2024/09/26/fewer-washington-residents-have-delinquent-debt-than-national-average/

Probably why there are fewer MAGAs here.