WalletHub: Santa Clarita Ranks First among the Cities with the Largest Debt Decreases
WalletHub: Santa Clarita Ranks First among the Cities with the Largest Debt Decreases
Source: SCV News
Date: 05/13/2026 3:39pm
Article Summary:
Santa Clarita Ranks No. 1 in U.S. for Largest Household Debt Decrease, According to WalletHub Report
Santa Clarita ranks first among 182 U.S. cities for the largest drop in household debt, with the average local debt falling by $9,237 in the first quarter of 2026, according to a new WalletHub report. Despite the decrease, the average household in Santa Clarita still carries $495,675 in debt. Nationally, total household debt declined by $339 billion in Q1 2026, while key debt ratios suggest consumers remain in relatively strong financial shape.
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Date: 05/13/2026 3:39pm
Article Summary:
Santa Clarita Ranks No. 1 in U.S. for Largest Household Debt Decrease, According to WalletHub Report
Santa Clarita ranks first among 182 U.S. cities for the largest drop in household debt, with the average local debt falling by $9,237 in the first quarter of 2026, according to a new WalletHub report. Despite the decrease, the average household in Santa Clarita still carries $495,675 in debt. Nationally, total household debt declined by $339 billion in Q1 2026, while key debt ratios suggest consumers remain in relatively strong financial shape.
Read article here »
