96
The Big Finish
Wrap your head
around the market's
leading indicators.
THE
CITIES
WHERE
CREDIT
SCORES
ARE
HIGHEST
Credit health is key when it comes to achieving
homeownership, and while it isn't the only
indicator, a credit score is an effective barometer
used widely by creditors and lenders to weigh
an applicant's financial risk. Researchers at
WalletHub studied more than 2,500 American
cities and ranked them according to credit score.
Adam McCann, a financial writer for
WalletHub adds the caveat that credit scores aren't
solely a reflection of responsibility.
"It's possible to have your credit score drop due
to financial hardship that's out of your control,"
McCann wrote. "Luckily, research shows that
the government stimulus in response to the
COVID-19 pandemic actually helped increase
the average credit score in 2020, in part due to
enabling record-high debt paydowns."
Here's how the cities with the top credit scores
break down.
RANK CITY
MEDIAN
CREDIT SCORE
1 THE VILLAGES, FLORIDA 807
2 SUN CITY WEST, ARIZONA 789
3 SUN CITY CENTER, FLORIDA 789
4 GREEN VALLEY, ARIZONA 788
5 LOS ALTOS, CALIFORNIA 784
6 SARATOGA, CALIFORNIA 784
7 LEXINGTON, MASSACHUSSETTS 781
8 NEEDHAM, MASSACHUSSETTS 781
9 LAGUNA WOODS, CALIFORNIA 781
10 PITTSFORD, NEW YORK 780
11 MEQUON, WISCONSIN 780
12 COLLEYVILLE, TEXAS 779
13 LEAWOOD, KANSAS 776
14 WILMETTE, ILLINOIS 776
15 ESTERO, FLORIDA 775
16 LAFAYETTE, CALIFORNIA 774
17 POTOMAC, MARYLAND 774
18 SAN CARLOS, CALIFORNIA 774
19 BROOKFIELD, WISCONSIN 774
20 ZIONSVILLE, INDIANA 774
21 BAINBRIDGE ISLAND, WASHINGTON 773
22 READING, MASSACHUSSETTS 773
23 DARIEN, CONNECTICUT 773
24 SAMMAMISH, WASHINGTON 772
25 RANCHO PALOS VERDES, CALIFORNIA 772
Source: WalletHub, "2021's Cities with the Highest & Lowest Credit Scores"
