Money management is a life skill that unfortunately isn’t taught as often as it should be. It’s a skill that everyone should want to learn too, as it can bring about flawless credit and freedom from debt. But a survey of consumer financial literacy reflects a growing need for financial instruction in U.S. households. Only 56% of adults, for instance, give their knowledge of personal finance high marks, and 44% maintain a budget and keep an eye on their spending. Good money management skills are more important now than ever during this time of high inflation.
It’s clear that some Americans are better than others at handling their finances. In order to determine where they live, WalletHub compared more than 2,500 cities based on 10 key indicators of money management. Our data set ranges from the average credit score to average number of late payments to mortgage debt-to-income ratio.
Curious to know how your own money-management skills compare to those of the average person in your city? Join WalletHub to see a free daily-updated analysis of your credit report and credit score.
Main Findings
Money Management by City
| Overall Rank | City | Percentile Rank* | Median Credit Score | Credit-Card Debt-to-Income Ratio | Mortgage Debt-to-Income Ratio | Car-Loan Debt-to-Income Ratio | Student-Loan Debt-to-Income Ratio | Avg. Number of Late Payments |
|---|---|---|---|---|---|---|---|---|
| 1 | Cupertino, CA | 99 | 778 | 1.69% | 393.91% | 10.74% | 17.78% | 0.35 |
| 2 | Lexington, MA | 99 | 780 | 2.56% | 369.86% | 8.53% | 14.74% | 0.33 |
| 3 | Scarsdale, NY | 99 | 771 | 2.39% | 245.00% | 6.82% | 14.46% | 0.71 |
| 4 | Los Altos, CA | 99 | 785 | 2.53% | 428.72% | 8.77% | 15.08% | 0.42 |
| 5 | Chevy Chase, MD | 99 | 769 | 2.87% | 329.19% | 8.90% | 17.41% | 0.5 |
| 6 | Redmond, WA | 99 | 766 | 2.56% | 358.94% | 14.92% | 17.82% | 0.69 |
| 7 | Deerfield, IL | 99 | 774 | 3.38% | 255.00% | 11.14% | 24.44% | 0.66 |
| 8 | Bronxville, NY | 99 | 758 | 2.81% | 199.53% | 9.49% | 17.96% | 1.05 |
| 9 | McLean, VA | 99 | 767 | 2.92% | 346.33% | 12.73% | 14.49% | 0.63 |
| 10 | Chesterfield, MO | 99 | 781 | 3.75% | 258.65% | 17.60% | 20.99% | 0.81 |
| 11 | Palo Alto, CA | 99 | 772 | 2.57% | 503.11% | 11.93% | 20.90% | 0.56 |
| 12 | Leawood, KS | 99 | 781 | 4.36% | 260.13% | 14.61% | 21.53% | 0.56 |
| 13 | Sammamish, WA | 99 | 777 | 3.14% | 389.26% | 15.31% | 15.40% | 0.41 |
| 14 | Libertyville, IL | 99 | 775 | 4.09% | 262.17% | 14.44% | 22.70% | 0.69 |
| 15 | Northbrook, IL | 99 | 777 | 3.43% | 285.06% | 14.34% | 25.11% | 0.77 |
| 16 | Needham, MA | 99 | 783 | 3.80% | 367.74% | 11.43% | 16.68% | 0.44 |
| 17 | Saratoga, CA | 99 | 787 | 2.61% | 510.33% | 12.80% | 16.79% | 0.39 |
| 18 | Powell, OH | 99 | 772 | 3.93% | 231.82% | 15.34% | 19.51% | 0.99 |
| 19 | San Carlos, CA | 99 | 779 | 3.04% | 478.31% | 11.18% | 13.75% | 0.65 |
| 20 | Sunnyvale, CA | 99 | 763 | 2.20% | 451.62% | 15.76% | 17.78% | 0.98 |
| 21 | Mountain View, CA | 99 | 765 | 2.06% | 445.88% | 13.77% | 19.83% | 0.73 |
| 22 | Bloomfield Hills, MI | 99 | 768 | 3.93% | 244.98% | 10.36% | 22.63% | 1.58 |
| 23 | Winchester, MA | 99 | 775 | 3.87% | 390.02% | 12.83% | 16.76% | 0.66 |
| 24 | Mequon, WI | 99 | 785 | 4.02% | 273.11% | 16.34% | 23.27% | 0.68 |
| 25 | Wilmette, IL | 99 | 778 | 4.31% | 354.47% | 15.06% | 22.28% | 0.68 |
| 26 | Hingham, MA | 99 | 766 | 3.86% | 338.35% | 11.93% | 15.77% | 0.93 |
| 27 | Foster City, CA | 99 | 773 | 2.37% | 434.75% | 12.86% | 19.79% | 1.11 |
| 28 | Belmont, CA | 99 | 770 | 3.01% | 446.84% | 11.46% | 14.81% | 1.12 |
| 29 | Dublin, OH | 99 | 761 | 3.36% | 237.80% | 15.84% | 23.55% | 1.28 |
| 30 | Bethesda, MD | 99 | 770 | 3.60% | 412.42% | 13.03% | 22.05% | 0.69 |
*Best = 99th Percentile
Median Credit Score
Highest
- Highest
- 1. New Brunswick, NJ
- 2. The Villages, FL
- 3. De Pere, WI
- 4. Sun City West, AZ
- 5. Saratoga, CA
Lowest
- Lowest
- T-2564. Fort Worth, TX
- T-2564. McKees Rocks, PA
- 2566. Sugar Land, TX
- 2567. West Jordan, UT
- 2568. South Bend, IN
Credit-Card Debt-to-Income Ratio
Lowest
- Lowest
- 1. De Pere, WI
- 2. Cupertino, CA
- 3. Mountain View, CA
- 4. Sunnyvale, CA
- 5. McMinnville, TN
Highest
- Highest
- 2564. Southlake, TX
- T-2565. Ooltewah, TN
- T-2565. Livingston, TX
- T-2565. Richmond, TX
- T-2565. Park City, UT
Mortgage Debt-to-Income Ratio
Lowest
- Lowest
- 1. East St. Louis, IL
- 2. Saddle Butte, MT
- 3. Homosassa, FL
- 4. Clinton, IA
- 5. Granite City, IL
Highest
- Highest
- T-2543. Fallbrook, CA
- T-2543. Park City, UT
- T-2543. Kahului, HI
- T-2543. Beverly Hills, CA
- T-2543. Ewa Beach, HI
Car-Loan Debt-to-Income Ratio
Lowest
- Lowest
- 1. Scarsdale, NY
- 2. Lexington, MA
- 3. Los Altos, CA
- 4. Chevy Chase, MD
- 5. Bronxville, NY
Highest
- Highest
- 2564. Uvalde, TX
- T-2565. Livingston, TX
- T-2565. Bastrop, LA
- T-2565. Donna, TX
- T-2565. Rio Grande City, TX
Student-Loan Debt-to-Income Ratio
Lowest
- Lowest
- 1. Deer Park, NY
- 2. Laplace, LA
- 3. San Carlos, CA
- 4. Scarsdale, NY
- 5. McLean, VA
Highest
- Highest
- 2564. Jonesboro, GA
- T-2565. Clarkston, GA
- T-2565. Lithonia, GA
- T-2565. Canton, MS
- T-2565. Carbondale, IL
Average Number of Late Payments
Lowest
- Lowest
- T-1. Lakeside (San Diego County), CA
- T-1. Sugar Land, TX
- T-1. Altadena, CA
- T-1. Beavercreek, OH
- T-1. Bel Air, MD
Highest
- Highest
- T-2558. Riverdale, GA
- T-2558. McHenry, IL
- T-2558. Chester, PA
- T-2558. Maple Heights, OH
- T-2558. Mercedes, TX
Average % of Credit Used
Lowest
- Lowest
- T-1. Lakeside (San Diego County), CA
- T-1. Sugar Land, TX
- T-1. Altadena, CA
- T-1. Beavercreek, OH
- T-1. Bel Air, MD
Highest
- Highest
- 2564. Forney, TX
- 2565. Upper Marlboro, MD
- 2566. Herriman, UT
- 2567. New Philadelphia, OH
- 2568. Winston-Salem, NC
Foreclosure Rate
Lowest
- Lowest
- 1. Tempe, AZ
- 2. Overland Park, KS
- 3. Madison, WI
- 4. Metairie, LA
- 5. Boulder, CO
Highest
- Highest
- 2202. Cleveland, TX
- T-2203. Maywood, IL
- T-2203. Hope Mills, NC
- T-2203. Matteson, IL
- T-2203. East St. Louis, IL
Show More
Ranking by City Size
|
Rank |
Large City |
Rank |
Midsize City |
Rank |
Small City |
|---|---|---|---|---|---|
| 1 | San Francisco, CA (77.81) | 1 | Sunnyvale, CA (82.60) | 1 | Cupertino, CA (87.07) |
| 2 | Seattle, WA (76.14) | 2 | Bellevue, WA (81.09) | 2 | Lexington, MA (86.23) |
| 3 | San Jose, CA (73.38) | 3 | Santa Clara, CA (80.98) | 3 | Scarsdale, NY (85.90) |
| 4 | Boston, MA (70.56) | 4 | Fremont, CA (80.05) | 4 | Los Altos, CA (84.64) |
| 5 | Minneapolis, MN (70.20) | 5 | Cambridge, MA (79.54) | 5 | Chevy Chase, MD (84.46) |
| 6 | Pittsburgh, PA (69.57) | 6 | Cary, NC (79.45) | 6 | Redmond, WA (84.32) |
| 7 | Long Beach, CA (69.20) | 7 | Naperville, IL (79.00) | 7 | Deerfield, IL (83.95) |
| 8 | Portland, OR (68.75) | 8 | Berkeley, CA (77.92) | 8 | Bronxville, NY (83.93) |
| 9 | Omaha, NE (68.67) | 9 | The Woodlands, TX (77.91) | 9 | McLean, VA (83.84) |
| 10 | St. Paul, MN (68.07) | 10 | San Mateo, CA (77.89) | 10 | Chesterfield, MO (83.58) |
| 11 | Washington, DC (67.94) | 11 | Arlington, VA (77.45) | 11 | Palo Alto, CA (83.25) |
| 12 | Honolulu, HI (67.65) | 12 | Ann Arbor, MI (76.83) | 12 | Leawood, KS (83.25) |
| 13 | Lexington-Fayette, KY (67.32) | 13 | Carlsbad, CA (76.69) | 13 | Sammamish, WA (83.07) |
| 14 | Austin, TX (67.08) | 14 | Madison, WI (76.17) | 14 | Libertyville, IL (82.89) |
| 15 | Oakland, CA (66.78) | 15 | Overland Park, KS (75.54) | 15 | Northbrook, IL (82.81) |
| 16 | Denver, CO (66.43) | 16 | Irvine, CA (75.54) | 16 | Needham, MA (82.75) |
| 17 | Raleigh, NC (66.17) | 17 | Sugar Land, TX (75.20) | 17 | Saratoga, CA (82.73) |
| 18 | San Antonio, TX (66.08) | 18 | Allen, TX (74.96) | 18 | Powell, OH (82.65) |
| 19 | Wichita, KS (65.74) | 19 | Frisco, TX (74.93) | 19 | San Carlos, CA (82.64) |
| 20 | Cincinnati, OH (65.22) | 20 | Thousand Oaks, CA (74.43) | 20 | Mountain View, CA (82.58) |
| 21 | Albuquerque, NM (65.20) | 21 | Torrance, CA (74.19) | 21 | Bloomfield Hills, MI (82.44) |
| 22 | New York, NY (65.11) | 22 | Plano, TX (73.67) | 22 | Winchester, MA (82.19) |
| 23 | San Diego, CA (65.07) | 23 | Highlands Ranch, CO (73.18) | 23 | Mequon, WI (82.18) |
| 24 | Louisville, KY (64.73) | 24 | Columbia, MD (73.17) | 24 | Wilmette, IL (81.87) |
| 25 | Sacramento, CA (64.70) | 25 | Scottsdale, AZ (73.12) | 25 | Hingham, MA (81.86) |
| 26 | Chicago, IL (64.43) | 26 | Alexandria, VA (72.87) | 26 | Foster City, CA (81.82) |
| 27 | Tulsa, OK (64.04) | 27 | Stamford, CT (72.82) | 27 | Belmont, CA (81.63) |
| 28 | Columbus, OH (63.93) | 28 | Boulder, CO (72.76) | 28 | Dublin, OH (81.63) |
| 29 | St. Louis, MO (63.17) | 29 | Huntington Beach, CA (72.29) | 29 | Bethesda, MD (81.58) |
| 30 | Kansas City, MO (63.15) | 30 | Salt Lake City, UT (72.29) | 30 | Troy, MI (81.54) |
| 31 | Atlanta, GA (62.80) | 31 | Sterling Heights, MI (72.21) | 31 | Garden City, NY (81.49) |
| 32 | Virginia Beach, VA (62.77) | 32 | Roseville, CA (72.12) | 32 | Ridgewood, NJ (81.29) |
| 33 | Mesa, AZ (62.71) | 33 | Richardson, TX (72.12) | 33 | Syosset, NY (81.11) |
| 34 | Anaheim, CA (62.62) | 34 | Olathe, KS (71.80) | 34 | Princeton, NJ (81.04) |
| 35 | Colorado Springs, CO (62.60) | 35 | Hillsboro, OR (71.69) | 35 | Sun City West, AZ (81.02) |
| 36 | Baltimore, MD (62.58) | 36 | Jersey City, NJ (71.43) | 36 | Hudson, OH (81.01) |
| 37 | Nashville, TN (62.41) | 37 | Rochester, MN (70.98) | 37 | Glenview, IL (81.00) |
| 38 | Bakersfield, CA (62.15) | 38 | Arvada, CO (70.93) | 38 | Pleasanton, CA (80.95) |
| 39 | Oklahoma City, OK (62.11) | 39 | Green Bay, WI (70.62) | 39 | Rochester Hills, MI (80.92) |
| 40 | Henderson, NV (61.87) | 40 | Centennial, CO (70.61) | 40 | Westfield, NJ (80.91) |
| 41 | Tucson, AZ (61.86) | 41 | Cedar Rapids, IA (70.59) | 41 | Plainview, NY (80.89) |
| 42 | Arlington, TX (61.79) | 42 | League City, TX (70.59) | 42 | Plymouth, MI (80.82) |
| 43 | Fresno, CA (61.61) | 43 | Concord, CA (70.31) | 43 | Highland Park, IL (80.79) |
| 44 | Charlotte, NC (61.55) | 44 | Billings, MT (70.15) | 44 | Andover, MA (80.68) |
| 45 | Tampa, FL (61.42) | 45 | Simi Valley, CA (70.11) | 45 | Northville, MI (80.59) |
| 46 | Houston, TX (61.33) | 46 | Springfield, IL (70.03) | 46 | Potomac, MD (80.56) |
| 47 | Philadelphia, PA (61.04) | 47 | Pasadena, CA (70.00) | 47 | Laguna Woods, CA (80.54) |
| 48 | Indianapolis, IN (61.00) | 48 | Lincoln, NE (69.99) | 48 | Belmont, MA (80.46) |
| 49 | Milwaukee, WI (60.96) | 49 | Renton, WA (69.97) | 49 | Ellicott City, MD (80.43) |
| 50 | Phoenix, AZ (60.82) | 50 | Chandler, AZ (69.68) | 50 | Rochester, MI (80.39) |
| 51 | Los Angeles, CA (60.36) | 51 | San Buenaventura (Ventura), CA (69.29) | 51 | Seal Beach, CA (80.36) |
| 52 | Stockton, CA (60.17) | 52 | Carrollton, TX (69.21) | 52 | Gibsonia, PA (80.34) |
| 53 | Dallas, TX (60.17) | 53 | Elk Grove, CA (68.94) | 53 | Falls Church, VA (80.34) |
| 54 | Aurora, CO (60.04) | 54 | Chula Vista, CA (68.81) | 54 | Vienna, VA (80.26) |
| 55 | Santa Ana, CA (58.60) | 55 | Fort Collins, CO (68.76) | 55 | Brookfield, WI (80.25) |
| 56 | Jacksonville, FL (58.36) | 56 | Metairie, LA (68.67) | 56 | Walnut Creek, CA (80.19) |
| 57 | Riverside, CA (58.29) | 57 | Boise City, ID (68.61) | 57 | Buffalo Grove, IL (80.14) |
| 58 | Cleveland, OH (57.39) | 58 | Gilbert, AZ (68.57) | 58 | Okemos, MI (80.14) |
| 59 | Fort Worth, TX (56.31) | 59 | McAllen, TX (68.55) | 59 | San Ramon, CA (80.12) |
| 60 | Corpus Christi, TX (56.21) | 60 | Sioux Falls, SD (68.46) | 60 | Danville, CA (80.06) |
| 61 | El Paso, TX (56.06) | 61 | Burbank, CA (68.34) | 61 | Los Gatos, CA (79.88) |
| 62 | Las Vegas, NV (55.82) | 62 | Lowell, MA (67.95) | 62 | Lake Forest, IL (79.72) |
| 63 | Miami, FL (54.50) | 62 | Kent, WA (67.95) | 63 | Rancho Palos Verdes, CA (79.70) |
| 64 | New Orleans, LA (52.86) | 64 | Fullerton, CA (67.68) | 64 | Strongsville, OH (79.70) |
| 65 | Detroit, MI (52.63) | 65 | Daly City, CA (67.65) | 65 | Brookline, MA (79.66) |
| 66 | Memphis, TN (50.33) | 66 | Everett, WA (67.54) | 66 | Fort Lee, NJ (79.60) |
| Info | Info | 67 | Clovis, CA (67.52) | 67 | Bainbridge Island, WA (79.51) |
| Info | Info | 68 | Anchorage, AK (67.50) | 68 | Reading, MA (79.48) |
| Info | Info | 69 | Westminster, CO (67.47) | 69 | Avon Lake, OH (79.39) |
| Info | Info | 70 | Santa Rosa, CA (67.29) | 70 | Mason, OH (79.38) |
| Info | Info | 71 | Vancouver, WA (67.23) | 71 | Collegeville, PA (79.26) |
| Info | Info | 72 | Orange, CA (67.12) | 72 | Brentwood, TN (79.26) |
| Info | Info | 73 | Grand Rapids, MI (67.10) | 73 | Port Washington, NY (79.23) |
| Info | Info | 74 | College Station, TX (67.09) | 74 | Lafayette, CA (79.23) |
| Info | Info | 75 | Pearland, TX (67.03) | 75 | Hoboken, NJ (79.16) |
| Info | Info | 76 | West Jordan, UT (66.99) | 76 | Elmhurst, IL (79.13) |
| Info | Info | 77 | Yonkers, NY (66.97) | 77 | Zionsville, IN (79.13) |
| Info | Info | 78 | Provo, UT (66.96) | 78 | Arlington Heights, IL (79.11) |
| Info | Info | 79 | Worcester, MA (66.84) | 79 | Menomonee Falls, WI (79.09) |
| Info | Info | 80 | Peoria, IL (66.81) | 80 | Pittsford, NY (79.08) |
| Info | Info | 81 | Meridian, ID (66.71) | 81 | Issaquah, WA (79.08) |
| Info | Info | 82 | Costa Mesa, CA (66.67) | 82 | Floral Park, NY (79.05) |
| Info | Info | 83 | Columbia, MO (66.62) | 83 | Germantown, TN (79.01) |
| Info | Info | 84 | Huntsville, AL (66.48) | 84 | Mill Valley, CA (79.00) |
| Info | Info | 85 | Santa Clarita, CA (66.44) | 85 | New Berlin, WI (78.99) |
| Info | Info | 86 | Eugene, OR (66.30) | 86 | Naples, FL (78.90) |
| Info | Info | 87 | Topeka, KS (66.27) | 87 | Merrick, NY (78.78) |
| Info | Info | 88 | Syracuse, NY (66.27) | 88 | Carmel, IN (78.74) |
| Info | Info | 89 | Spokane, WA (66.25) | 89 | Wakefield, MA (78.70) |
| Info | Info | 90 | McKinney, TX (66.23) | 90 | Pewaukee, WI (78.68) |
| Info | Info | 91 | Broken Arrow, OK (66.18) | 91 | Davis, CA (78.65) |
| Info | Info | 92 | Manchester, NH (66.18) | 92 | Muskego, WI (78.64) |
| Info | Info | 93 | Warren, MI (66.14) | 93 | Bethel Park, PA (78.60) |
| Info | Info | 94 | Hayward, CA (66.13) | 94 | Arlington, MA (78.60) |
| Info | Info | 95 | Garden Grove, CA (66.00) | 95 | Wethersfield, CT (78.55) |
| Info | Info | 96 | Round Rock, TX (65.96) | 96 | Newton, MA (78.55) |
| Info | Info | 97 | Fargo, ND (65.87) | 97 | New Hyde Park, NY (78.53) |
| Info | Info | 98 | Temecula, CA (65.86) | 98 | Edina, MN (78.49) |
| Info | Info | 99 | West Covina, CA (65.85) | 99 | Seaford, NY (78.46) |
| Info | Info | 100 | Buffalo, NY (65.71) | 100 | Rocky River, OH (78.43) |
| Info | Info | 101 | Peoria, AZ (65.70) | 101 | O'Fallon, MO (78.41) |
| Info | Info | 102 | Des Moines, IA (65.67) | 102 | Westlake, OH (78.39) |
| Info | Info | 103 | Glendale, CA (65.60) | 103 | Newburgh, IN (78.24) |
| Info | Info | 104 | Rancho Cucamonga, CA (65.57) | 104 | Flower Mound, TX (78.22) |
| Info | Info | 105 | Tacoma, WA (65.49) | 105 | Lake Oswego, OR (78.21) |
| Info | Info | 106 | Modesto, CA (65.46) | 106 | Iselin, NJ (78.20) |
| Info | Info | 107 | Rochester, NY (65.43) | 107 | Lake Orion, MI (78.17) |
| Info | Info | 108 | Elgin, IL (65.41) | 108 | Severna Park, MD (78.15) |
| Info | Info | 109 | Tempe, AZ (65.25) | 109 | Mercer Island, WA (78.14) |
| Info | Info | 110 | Clearwater, FL (64.89) | 110 | Milpitas, CA (78.13) |
| Info | Info | 111 | Durham, NC (64.88) | 111 | Kirkland, WA (78.12) |
| Info | Info | 112 | Aurora, IL (64.87) | 112 | Colleyville, TX (78.07) |
| Info | Info | 113 | Rockford, IL (64.61) | 113 | Woodinville, WA (78.03) |
| Info | Info | 114 | Lakewood, CO (64.51) | 114 | Summit, NJ (78.03) |
| Info | Info | 115 | Gresham, OR (64.47) | 115 | East Northport, NY (78.01) |
| Info | Info | 116 | Irving, TX (64.43) | 116 | Glastonbury Center, CT (78.00) |
| Info | Info | 117 | Salem, OR (64.41) | 117 | Glen Ellyn, IL (77.84) |
| Info | Info | 118 | Murrieta, CA (64.28) | 118 | Rockville Centre, NY (77.84) |
| Info | Info | 119 | Oceanside, CA (64.20) | 119 | Olney, MD (77.81) |
| Info | Info | 120 | New Haven, CT (64.14) | 120 | Orchard Park, NY (77.78) |
| Info | Info | 121 | Wilmington, NC (64.08) | 121 | El Cerrito, CA (77.76) |
| Info | Info | 122 | Sparks, NV (64.06) | 122 | Ridgefield, CT (77.75) |
| Info | Info | 123 | Pasadena, TX (64.05) | 123 | West Hartford, CT (77.73) |
| Info | Info | 124 | Davenport, IA (64.04) | 124 | Pleasant Hill, CA (77.70) |
| Info | Info | 125 | Charleston, SC (64.01) | 125 | Keller, TX (77.69) |
| Info | Info | 126 | Lewisville, TX (64.00) | 126 | Commack, NY (77.66) |
| Info | Info | 127 | Garland, TX (63.99) | 127 | Downers Grove, IL (77.61) |
| Info | Info | 128 | Richmond, CA (63.94) | 128 | Lake Zurich, IL (77.61) |
| Info | Info | 129 | Norman, OK (63.80) | 129 | Smithtown, NY (77.55) |
| Info | Info | 130 | Kansas City, KS (63.71) | 130 | Franklin Town, MA (77.55) |
| Info | Info | 131 | St. Petersburg, FL (63.70) | 131 | Park Ridge, IL (77.54) |
| Info | Info | 132 | Providence, RI (63.69) | 132 | Bel Air, MD (77.54) |
| Info | Info | 133 | Waterbury, CT (63.56) | 133 | Vernon Hills, IL (77.47) |
| Info | Info | 134 | Miramar, FL (63.53) | 134 | Westlake Village, CA (77.45) |
| Info | Info | 135 | Lansing, MI (63.37) | 135 | Solon, OH (77.44) |
| Info | Info | 136 | Fort Wayne, IN (63.23) | 136 | Lisle, IL (77.43) |
| Info | Info | 137 | Reno, NV (63.18) | 137 | Plymouth, MN (77.42) |
| Info | Info | 138 | Springfield, MO (63.04) | 138 | El Dorado Hills, CA (77.41) |
| Info | Info | 139 | Surprise, AZ (63.00) | 139 | Elk Grove Village, IL (77.39) |
| Info | Info | 140 | Visalia, CA (62.91) | 140 | Burlington, MA (77.37) |
| Info | Info | 141 | Fairfield, CA (62.68) | 141 | Ballwin, MO (77.35) |
| Info | Info | 142 | Lafayette, LA (62.45) | 142 | Burlingame, CA (77.32) |
| Info | Info | 143 | Springfield, MA (62.42) | 143 | Braintree Town, MA (77.29) |
| Info | Info | 144 | Denton, TX (62.37) | 144 | Dublin, CA (77.23) |
| Info | Info | 145 | Corona, CA (62.30) | 145 | Munster, IN (77.22) |
| Info | Info | 146 | Pompano Beach, FL (62.28) | 146 | Windermere, FL (77.20) |
| Info | Info | 147 | Independence, MO (62.17) | 147 | Birmingham, MI (77.16) |
| Info | Info | 148 | Evansville, IN (62.12) | 148 | Millbrae, CA (77.12) |
| Info | Info | 149 | Cape Coral, FL (61.89) | 149 | Lewes, DE (77.09) |
| Info | Info | 150 | Gainesville, FL (61.89) | 150 | Centerville, OH (77.08) |
| Info | Info | 151 | Chesapeake, VA (61.47) | 151 | Morton Grove, IL (77.04) |
| Info | Info | 152 | Fort Lauderdale, FL (61.33) | 152 | Darien, IL (77.02) |
| Info | Info | 153 | Thornton, CO (61.32) | 153 | Huntley, IL (76.99) |
| Info | Info | 154 | Allentown, PA (61.31) | 154 | Fairport, NY (76.97) |
| Info | Info | 155 | Greeley, CO (61.19) | 155 | Newtown, PA (76.96) |
| Info | Info | 156 | Pueblo, CO (61.14) | 156 | West Linn, OR (76.92) |
| Info | Info | 157 | Hartford, CT (61.09) | 157 | Melrose, MA (76.91) |
| Info | Info | 158 | Las Cruces, NM (61.08) | 158 | Alpharetta, GA (76.89) |
| Info | Info | 159 | Vallejo, CA (60.96) | 159 | Orland Park, IL (76.87) |
| Info | Info | 160 | Brandon, FL (60.96) | 160 | Paramus, NJ (76.87) |
| Info | Info | 161 | West Palm Beach, FL (60.86) | 161 | Homosassa, FL (76.86) |
| Info | Info | 162 | Amarillo, TX (60.85) | 162 | Lemont, IL (76.85) |
| Info | Info | 163 | Glendale, AZ (60.83) | 163 | Fountain Hills, AZ (76.84) |
| Info | Info | 164 | Joliet, IL (60.71) | 164 | Mount Pleasant, WI (76.83) |
| Info | Info | 165 | Escondido, CA (60.64) | 165 | Manhattan Beach, CA (76.80) |
| Info | Info | 166 | Downey, CA (60.62) | 166 | Folsom, CA (76.80) |
| Info | Info | 167 | Grand Prairie, TX (60.53) | 167 | Reston, VA (76.78) |
| Info | Info | 168 | Wichita Falls, TX (60.46) | 168 | Alameda, CA (76.74) |
| Info | Info | 169 | Vista, CA (60.40) | 169 | Saddle Butte, MT (76.72) |
| Info | Info | 170 | Richmond, VA (60.39) | 170 | New City, NY (76.72) |
| Info | Info | 171 | El Monte, CA (60.36) | 171 | South Pasadena, CA (76.69) |
| Info | Info | 172 | El Cajon, CA (60.34) | 172 | De Pere, WI (76.64) |
| Info | Info | 173 | Knoxville, TN (60.26) | 173 | Watertown Town, MA (76.57) |
| Info | Info | 174 | Orlando, FL (60.25) | 174 | Novi, MI (76.56) |
| Info | Info | 175 | Mesquite, TX (60.23) | 175 | Allison Park, PA (76.55) |
| Info | Info | 176 | High Point, NC (60.17) | 176 | Fair Lawn, NJ (76.54) |
| Info | Info | 177 | Athens, GA (59.95) | 177 | Woodbury, MN (76.50) |
| Info | Info | 178 | Salinas, CA (59.92) | 178 | St. Joseph, MI (76.50) |
| Info | Info | 179 | Dayton, OH (59.75) | 179 | Dedham, MA (76.49) |
| Info | Info | 180 | Tyler, TX (59.75) | 180 | Fairfax, VA (76.49) |
| Info | Info | 181 | Pembroke Pines, FL (59.67) | 181 | King of Prussia, PA (76.41) |
| Info | Info | 182 | West Valley City, UT (59.67) | 182 | Wheaton, IL (76.41) |
| Info | Info | 183 | Toledo, OH (59.60) | 183 | Coppell, TX (76.41) |
| Info | Info | 184 | Chattanooga, TN (59.54) | 184 | Wilmington, MA (76.36) |
| Info | Info | 185 | Lakeland, FL (59.51) | 185 | Castro Valley, CA (76.36) |
| Info | Info | 186 | Bridgeport, CT (59.47) | 186 | Stoneham, MA (76.33) |
| Info | Info | 187 | Tallahassee, FL (59.44) | 187 | Livonia, MI (76.30) |
| Info | Info | 188 | Spring Hill, FL (59.41) | 188 | Melville, NY (76.28) |
| Info | Info | 189 | Murfreesboro, TN (59.37) | 189 | South Lyon, MI (76.28) |
| Info | Info | 190 | San Tan Valley, AZ (59.32) | 190 | Wantagh, NY (76.27) |
| Info | Info | 191 | Coral Springs, FL (59.14) | 191 | Eden Prairie, MN (76.25) |
| Info | Info | 192 | Greensboro, NC (58.84) | 192 | Chagrin Falls, OH (76.24) |
| Info | Info | 193 | Oxnard, CA (58.77) | 193 | Jenison, MI (76.22) |
| Info | Info | 194 | Davie, FL (58.63) | 194 | Burke, VA (76.22) |
| Info | Info | 195 | Akron, OH (58.61) | 195 | Milford, CT (76.22) |
| Info | Info | 196 | Winston-Salem, NC (58.52) | 196 | Morrisville, NC (76.20) |
| Info | Info | 197 | Antioch, CA (58.48) | 197 | Ballston Spa, NY (76.19) |
| Info | Info | 198 | Hollywood, FL (58.45) | 198 | Ithaca, NY (76.17) |
| Info | Info | 199 | Port St. Lucie, FL (58.41) | 199 | Apex, NC (76.07) |
| Info | Info | 200 | Midland, TX (58.40) | 200 | Saratoga Springs, NY (76.05) |
| Info | Info | 201 | Lubbock, TX (58.30) | 201 | Granger, IN (76.04) |
| Info | Info | 202 | Norwalk, CA (58.17) | 202 | Oconomowoc, WI (76.03) |
| Info | Info | 203 | Baton Rouge, LA (58.02) | 203 | Canfield, OH (76.00) |
| Info | Info | 204 | Ontario, CA (57.96) | 204 | Stillwater, MN (75.97) |
| Info | Info | 205 | Little Rock, AR (57.96) | 205 | Evergreen, CO (75.97) |
| Info | Info | 206 | Odessa, TX (57.87) | 206 | Peachtree City, GA (75.95) |
| Info | Info | 207 | Fontana, CA (57.53) | 207 | Doylestown, PA (75.94) |
| Info | Info | 208 | Newport News, VA (57.31) | 208 | Lafayette, IN (75.92) |
| Info | Info | 209 | Santa Maria, CA (57.28) | 209 | Campbell, CA (75.91) |
| Info | Info | 210 | Elizabeth, NJ (57.02) | 210 | Maple Grove, MN (75.89) |
| Info | Info | 211 | Lancaster, CA (56.94) | 211 | Great Neck, NY (75.82) |
| Info | Info | 212 | Abilene, TX (56.76) | 212 | Geneva, IL (75.81) |
| Info | Info | 213 | Inglewood, CA (56.67) | 213 | Rockford, MI (75.80) |
| Info | Info | 214 | Pomona, CA (56.65) | 214 | Ames, IA (75.79) |
| Info | Info | 215 | Paterson, NJ (56.65) | 215 | Springboro, OH (75.79) |
| Info | Info | 216 | San Angelo, TX (56.26) | 216 | Beavercreek, OH (75.75) |
| Info | Info | 217 | Beaumont, TX (56.24) | 217 | Frankfort, IL (75.72) |
| Info | Info | 218 | Palmdale, CA (56.16) | 218 | Oro Valley, AZ (75.69) |
| Info | Info | 219 | Norfolk, VA (55.70) | 219 | Royal Oak, MI (75.69) |
| Info | Info | 220 | Newark, NJ (55.63) | 220 | Edwardsville, IL (75.68) |
| Info | Info | 221 | Palm Bay, FL (55.56) | 221 | Mount Prospect, IL (75.67) |
| Info | Info | 222 | Laredo, TX (55.44) | 222 | Rockville, MD (75.62) |
| Info | Info | 223 | Mobile, AL (55.29) | 223 | Green Valley, AZ (75.59) |
| Info | Info | 224 | Waco, TX (55.27) | 224 | Sykesville, MD (75.58) |
| Info | Info | 225 | Hampton, VA (55.24) | 225 | Redondo Beach, CA (75.58) |
| Info | Info | 226 | Columbia, SC (55.06) | 226 | Hamburg, NY (75.50) |
| Info | Info | 227 | South Bend, IN (54.83) | 227 | Media, PA (75.50) |
| Info | Info | 228 | Moreno Valley, CA (54.57) | 228 | Sonoma, CA (75.47) |
| Info | Info | 229 | Columbus, GA (54.29) | 229 | West Lafayette, IN (75.45) |
| Info | Info | 230 | Macon-Bibb County, GA (53.89) | 230 | Baldwinsville, NY (75.44) |
| Info | Info | 231 | Lehigh Acres, FL (53.86) | 231 | North Olmsted, OH (75.42) |
| Info | Info | 232 | Brownsville, TX (53.71) | 232 | Menlo Park, CA (75.41) |
| Info | Info | 233 | San Bernardino, CA (53.41) | 233 | Mandeville, LA (75.37) |
| Info | Info | 234 | Victorville, CA (53.40) | 234 | Massapequa Park, NY (75.36) |
| Info | Info | 235 | Shreveport, LA (53.03) | 235 | Oak Park, IL (75.30) |
| Info | Info | 236 | North Charleston, SC (52.64) | 236 | Medford, MA (75.30) |
| Info | Info | 237 | Augusta, GA (52.58) | 237 | Bothell, WA (75.30) |
| Info | Info | 238 | Rialto, CA (52.39) | 238 | Centreville, VA (75.27) |
| Info | Info | 239 | Birmingham, AL (52.04) | 239 | Mount Airy, MD (75.25) |
| Info | Info | 240 | Fayetteville, NC (51.34) | 240 | Minnetonka, MN (75.22) |
| Info | Info | 241 | Savannah, GA (51.21) | 241 | Palatine, IL (75.22) |
| Info | Info | 242 | North Las Vegas, NV (51.09) | 242 | Hilliard, OH (75.22) |
| Info | Info | 243 | Hialeah, FL (50.59) | 243 | Gainesville, VA (75.17) |
| Info | Info | 244 | Killeen, TX (50.32) | 244 | Fishers, IN (75.17) |
| Info | Info | 245 | Clarksville, TN (50.32) | 245 | Mission Viejo, CA (75.17) |
| Info | Info | 246 | Montgomery, AL (50.04) | 246 | Ojai, CA (75.15) |
| Info | Info | 247 | Tuscaloosa, AL (49.72) | 247 | Dix Hills, NY (75.14) |
| Info | Info | 248 | Jackson, MS (48.11) | 247 | Oceanside, NY (75.14) |
| Info | Info | 249 | Miami Gardens, FL (44.45) | 249 | Livermore, CA (75.13) |
| Info | Info | Info | Info | 250 | Roselle, IL (75.12) |
Note: For readability purposes, the above table displays only 250 of the 2,253 small cities ranked.
Credit Card Debt by State
Ask the Experts
Even with all the resources available today, many Americans still manage their money poorly. For advice and insight, we asked a panel of experts for their thoughts on the following key questions:
- Should financial skills be taught as a mandatory part of the high school curriculum?
- What is the most common mistake people make when it comes to managing their money?
- What is the best way for parents to teach their children how to manage money?
- Has the growth in mobile personal-finance apps actually helped people more effectively manage their money?
- What are some tips for people looking to protect their money despite inflation?
Ask the Experts
Scott Collins
Ph.D. – Associate Clinical Professor, Discipline Coordinator of Accounting, Director of One-Year Master of Accounting (MAcc) Program, Smeal College of Business – Pennsylvania State University
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Ph.D. – Associate Clinical Professor, Discipline Coordinator of Accounting, Director of One-Year Master of Accounting (MAcc) Program, Smeal College of Business – Pennsylvania State University
Read More
Robert Haywood Scott
Ph.D. – Professor, Department of Economics, Finance & Real Estate; Greenbaum/Ferguson/NJAR Endowed Chair in Real Estate Policy; Leon Hess Business School – Monmouth University
Read More
Ph.D. – Professor, Department of Economics, Finance & Real Estate; Greenbaum/Ferguson/NJAR Endowed Chair in Real Estate Policy; Leon Hess Business School – Monmouth University
Read More
Claire Rosenfeld
Ph.D. – Assistant Teaching Professor & Assistant Area Director, Finance, School of Business – University of Kansas
Read More
Ph.D. – Assistant Teaching Professor & Assistant Area Director, Finance, School of Business – University of Kansas
Read More
Amarjit Singh
Ph.D. – Adjunct Associate Professor of Business and Management – Hope International University and Assistant Professor, College of Business – Westcliff University
Read More
Ph.D. – Adjunct Associate Professor of Business and Management – Hope International University and Assistant Professor, College of Business – Westcliff University
Read More
Thomas Gilbert
Associate Professor, Finance & Business Economics, Michael G. Foster School of Business – University of Washington
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Associate Professor, Finance & Business Economics, Michael G. Foster School of Business – University of Washington
Read More
Alice Tsang
CFA – Professor of Finance, Business Department – Taylor University
Read More
CFA – Professor of Finance, Business Department – Taylor University
Read More
Methodology
In order to identify the cities where residents have the best money-management skills, WalletHub compared 2,568 U.S. cities based on 10 key metrics, which are listed below with their corresponding weights. Each metric was graded on a 100-point scale, with a score of 100 representing the best money-management skills.
We then determined each city’s weighted average across all metrics to calculate its overall score and used the resulting scores to rank-order our sample. For our “Ranking by City Size,” we categorized each city according to the following population-size guidelines:
- Large cities: More than 300,000 people
- Midsize cities: 100,000 to 300,000 people
- Small cities: Fewer than 100,000 people
The metrics are based on data from TransUnion (dating October 2022, the most recent available) and ATTOM Data Solutions. Each city in our sample refers to city proper and excludes the surrounding metro area.
Debt Level – Total Points: 50
- Credit-Card Debt-to-Income Ratio: Full Weight (~10.00 Points)
- Mortgage Debt-to-Income Ratio: Full Weight (~10.00 Points)
- Car-Loan Debt-to-Income Ratio: Full Weight (~10.00 Points)
- Student-Loan Debt-to-Income Ratio: Full Weight (~10.00 Points)
- Average % of Credit Used: Full Weight (~10.00 Points)
Financial Behavior – Total Points: 50
- Median Credit Score: Double Weight (~16.67 Points)
- Average Number of Late Payments: Full Weight (~8.33 Points)
- Share of Delinquent Debtors: Full Weight (~8.33 Points)
- Share of Adults with a Recent Bankruptcy: Full Weight (~8.33 Points)
- Foreclosure Rate: Full Weight (~8.33 Points)
Sources: Data used to create these rankings were collected from U.S. Census Bureau, TransUnion and ATTOM Data Solutions.
