Nevada ranks 10th in the nation in mortgage debt, with homeowners owing an average of $196,911, reports Credit Karma. Home values dropped 44.5% between 2006 and 2010. Unlike residents in other high debt states, most Nevada residents aren’t affluent enough to shoulder the financial burden. The state’s average credit card debt per person is $6,145. Nevada also has the highest unemployment rate in the country, 13%, and a median income that is only 19th highest in the U.S. For the full report, CLICK HERE.Nevada Ranks 10th in Mortgage Debt
Nevada ranks 10th in the nation in mortgage debt, with homeowners owing an average of $196,911, reports Credit Karma. Home values dropped 44.5% between 2006 and 2010. Unlike residents in other high debt states, most Nevada residents aren’t affluent enough to shoulder the financial burden. The state’s average credit card debt per person is $6,145. Nevada also has the highest unemployment rate in the country, 13%, and a median income that is only 19th highest in the U.S. For the full report, CLICK HERE.
