See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

New York has fourth-highest household debt in US — and it’s getting worse

Posted on AllSides September 23rd, 2022
From The Right
AFP via Getty Images

New York state residents have the fourth highest personal household debt in the country — and the burden is only growing heavier, according to a recent government report.

The office of Comptroller Thomas DiNapoli released a report this week indicating that New Yorkers were carrying an average household debt of $53,830 as of the fourth quarter of last year.

The report noted that while New York was still below the national average of $55,810, the state was still well above the national average when factoring in just student loans and credit card debt per capita.

Read full story

AllSides Picks

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right