The average total income for all U.S. households is estimated to be over $95,000, but there are some states that have household-level total income well above the mean. Which states have households with the highest income? Which states have seen the largest percent growth in average income in the past three years? Let’s take a look. Then, contact us to better assess income growth for households in your target markets.
State-Level Outstanding Retail Card Balances
The average outstanding retail card balance for all households is $759. Which states have households with the highest average? Which states have seen the highest percent increase in the last three years?
States with the highest outstanding retail card balance per household
- West Virginia $950
- Texas $928
- Alabama $883
States with households that have the highest percent increase in their retail card balances (percent increase, balance)
- Florida ↑21.0% ($766)
- New Hampshire ↑20.4% ($659)
- Tennessee ↑20.2% ($762)
Source: CreditStyles® Pro
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