Personal finance website WalletHub today released a report on States With the Best and Worst Budgeters in 2024 and South Carolina residents ranked as being the 7th worst in the country.
To come up with the rankings, WalletHub compared the 50 states across 12 key metrics, ranging from the average credit score to debt-to-income ratios to foreclosure rates.
Budgeters in South Carolina (1=Best; 25=Avg.)
- Overall Rank: 44th
- 40th – Average Credit Score
- 47th – Non-Mortgage Debt as a Percentage of Income
- 47th – Foreclosure Rate
- 46th – Credit Utilization Percentage
- 41st – Housing Expenses as a Percentage of Median Home Price
- 32nd – Percentage of Total Non-Housing Expenses to Median Income
Click here to see the full report.
