Waukesha County residents’ credit card debt one of the lowest

Freeman Staff

July 14, 2015

WAUKESHA — Waukesha County has one of the lowest amounts of credit card debt per capita in Wisconsin, according to a recent report by Smart Asset.

With an average income of $37,577 and $3,630 in credit card debt, Waukesha County was number seven on the list for Wisconsin counties with the lowest credit card debt per capita. The county’s credit card debt is 9.7 percent of the average income. The state’s average is 10.7 percent.

The state county with the least amount of credit card debt per capita was Wood County with an income of $25,961 and credit card debt of $1,960, which is 7.5 percent. Others rounding out the top five were Calumet, Kewaunee, Manitowoc and Crawford counties.

Ozaukee County came in at number six with an income of $42,041 and credit card debt of $3,710 for a total of 8.8 percent.

To calculate the ratio of credit card debt to per capita income for every county, Smart Asset figured the ratio of credit card debt to net wealth per capita. Data from the US Census Bureau and Federal Reserve Bank of New York was used for the analysis.

https://smartasset.com