BELLINGHAM, Wash. — Washington and Bellingham rank high in recently released data from credit report firm Experian that ranked the average mortgage debt in each state along with the top 50 markets.
Washington is among the states with the worst debt at an average of $262,000, coming in behind Hawaii, California and the District of Columbia.
Experian’s list of the Top 50 Markets in the US with the Highest Average Mortgage Debt featured the Bellingham area with an average of $240,000, but the Seattle-Tacoma-Bellevue area was the top Washington market at over $316,000.
West Virginia had the lowest average mortgage debt of about $109,000.