Friday, September 11, 2015

NY Has The Highest State And Local Debt Per Person; Followed By Massachusetts

From Tax Foundation, "Where Does Your State Stand on State & Local Debt Per Capita?" by Jared Walczak and Liz Malm:
Source: Tax Foundation

States with the highest amount of state and local debt per capita in the 2012 fiscal year (the most recent data available from the Census Bureau) were New York ($17,405 per person), Massachusetts ($14,517 per person), Alaska ($13,066 per person), Connecticut ($11, 928 per person), and New Jersey ($11,623 per person).

On the other end of the spectrum, states with the lowest state and local debt per capita were Idaho ($3,930 per person), Wyoming ($4,191 per person), Arkansas ($4,742 per person), Mississippi ($4,891 per person), and Oklahoma ($4,944 per person).

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