5 US States with the Least Debt Per Capita

In this article, we will list 5 US states with the least debt per capita. If you want to read our discussion about rising interest rates and their effect on the housing market, go to 15 US States with the Least Debt Per Capita. 

5 – Ohio

Total Debt Per Capita – $52,232 

Ohio is fifth on our list of the 15 US states with the least debt per capita. Although it has one of the highest government debt per capita, the overall low household debt per capita of a little more than $44,000 keeps the total debt per capita in check. The state has relatively affordable housing as it consistently ranks high in Moody’s Housing Affordability Index. Affordable housing keeps overall mortgage lending low in the state.