5 US States with the Least Debt Per Capita

3 – Arkansas

Total Debt Per Capita – $45,999 

Arkansas is third on our list of the 15 US states with the least debt per capita. Government debt per capita in the state is similar to Alabama, but its $39,150 household debt per capita is one of the lowest in the United States. While the state has high rates of auto debt, its credit card borrowing and mortgage debt remain low. The state has a stable cost of living which has kept household borrowing in check. In addition, the state has comparatively lower real estate borrowing, which has resulted in lower mortgage borrowing.