Equifax

Finance Blog

Best and Worst Credit Scores by State

Written by Janet Dedrick on February 7, 2013 in Credit  |   No comments

As of the end of 2012, the average national credit score was 696, but the average score in some states was either far below or well above that number. If you live in Vermont or North Dakota, you’ll need a high credit score to keep…

best-credit-scoresAs of the end of 2012, the average national credit score was 696, but the average score in some states was either far below or well above that number.

If you live in Vermont or North Dakota, you’ll need a high credit score to keep up with your neighbors. These states are tied with the highest average score of 721—a score that is equated with some of the least-risky borrowers.

According to Equifax Credit Trends data, the rest of the states with the top ten average credit scores are varied and include Midwestern states Wisconsin, Minnesota, and Nebraska; Western states Montana and South Dakota; Northeastern states Massachusetts and Connecticut; and America’s only island state, Hawaii.

On the flip side, if you live in the South, chances are you’re living in one of the states with the lowest credit scores, bottoming out in Mississippi with an average score of 661. The rest of the states with the bottom ten average credit scores are in the South as well, with the exception of both Oklahoma and Nevada.

While there’s a 60-point difference between the lowest and highest average credit scores, both numbers typically qualify as prime scores—although 720 is much more attractive to a lender than 660.

These numbers are also always in flux. The U.S. is no longer in a recession, and in the past four years, credit scores have inched upward overall by a little more than four points. Of all the states, Texas saw the largest increase in its average credit score, from about 667 to 674, followed by South Dakota and Connecticut, which each had similar seven-point gains.
But the place in the U.S. with the largest increase isn’t a state at all: Puerto Rico saw a more than 13-point difference from what was previously one of the lowest scores—658—up to 671.

Almost all of the states show increases in scores ranging from about one to seven points. New Jersey was the only state where credit scores dropped over the past four years—but just by 0.18 of a point.

Find out where your state ranks among the nation, and then find out where you fall in your state by checking your own credit score.

Vermont 721
North Dakota 721
Wisconsin 720
Minnesota 720
South Dakota 718
Hawaii 718
Nebraska 717
New Hampshire 715
Montana 715
Massachusetts 714
Iowa 714
Connecticut 713
Washington 713
Colorado 713
Maine 712
Wyoming 711
Utah 710
Oregon 709
Pennsylvania 709
Kansas 708
New Jersey 708
Idaho 705
Alaska 705
New York 704
Rhode Island 704
Illinois 703
California 701
Virginia 701
Ohio 699
Michigan 697
Indiana 697
Missouri 696
Maryland 696
United States 696
Delaware 694
Arizona 691
District Of Columbia 689
West Virginia 689
Kentucky 688
North Carolina 685
New Mexico 683
Arkansas 683
Florida 683
Tennessee 682
Oklahoma 681
Nevada 677
Alabama 675
Texas 674
Puerto Rico 671
South Carolina 671
Louisiana 669
Georgia 667
Mississippi 661

No comments yet


Leave a Comment


Name :


Commenting guidelines

We welcome your interest and participation on this forum, but be aware that comments will be published at Equifax's sole discretion. Please don't use this blog to submit questions or concerns about your Equifax credit report or raise customer service issues. Instead, you should contact Equifax directly for all such matters and any attempts to do so in this forum will be promptly re-directed.

Some other factors to consider when commenting:
  1. Registration and privacy. While no registration is required to visit our forum, participants wishing to post a message must register by creating an account. All personal information provided by forum members incident to registration is governed by our Terms of Use and Privacy Policy.
  2. All comments are anonymous. We'll delete your name, e-mail address, and any other identifying information, including details about your investments.
  3. We can't post or respond to every comment - As much as we'd like to, we can't post every comment, nor can we guarantee that we will respond to each individual message. All questions or comments about your Equifax credit report or similar customer service issues should be handled by contacting Equifax directly.
  4. Don't offer specific legal, tax or financial advice. All of the materials on this Site are for information, education, and noncommercial purposes only and this forum is not intended as a means of expressing views or ideas regarding any specific legal, tax, or investment advice. While offering general rules of thumb is both permitted and encouraged, recommending specific ideas or strategies regarding investments, taxes, and related matters is prohibited.
  5. Credit Repair. This blog is not intended as a venue for the discussion or exchange of ideas regarding credit repair or other strategies intended to assist visitors and community members improve or otherwise modify their credit histories, ratings or scores.
  6. Stay on topic. Your comment should be concise and pertain to the specific post in question.
  7. Be respectful of the community. The use of profanity, offensive language, spam, and personal attacks will not be tolerated and egregious or repeat offenders will be banned from future participation. We encourage disagreement and healthy debate, but please refrain from personal attacks on our WordPresss and contributors.
  8. Finally: Participation in this forum may be terminated by Equifax immediately and without notice for failure to comply with any guidelines or Terms of Use. As such, you should familiarize yourself with all pertinent requirements prior to submitting any response through the blog or otherwise. All opinions expressed in this forum are solely those of the individual submitting the comment, and don't necessarily represent the views of Equifax or its management.

Equifax maintains this interactive forum for education and information purposes in order to allow individuals to share their relevant knowledge and opinions with other members and visitors. We encourage you to participate in discussions about personal finance issues and other topics of interest to this community, but please read our commenting guidelines first. Equifax reserves the right to monitor postings to the forum and comments will be published at our discretion. Do you have questions or comments about your Equifax credit report or customer-service issues regarding an Equifax product? If so, please contact Equifax directly. All opinions and information expressed or shared in blog comments are solely those of the person submitting the comments, and don't necessarily represent the views of Equifax or its management.


Credit Archive

Stay Informed Sign up for our FREE Equifax email Newsletter