States with the Largest Debt Increase in Q3 2023 – WalletHub Study

Last Updated 11 months ago

UNDATED – With the overall consumer debt exceeding $17.3 trillion in Q3 2023, the personal-finance website WalletHub today released its rankings of the States with the Largest & Smallest Debt Increases, based on recently released data from the Federal Reserve.

South Dakota ranks 29th in the survey. The average household debt in South Dakota was $128,392. The increase from the previous year was $539.

Largest Increase per Household		Smallest Increase per Household
1. Hawaii		41. Michigan
2. California		42. Kansas
3. Colorado		43. Alabama
4. Utah		44. Louisiana
5. Washington		45. Ohio
6. Maryland		46. Arkansas
7. Massachusetts		47. Kentucky
8. Virginia		48. Oklahoma
9. Idaho		49. Mississippi
10. Oregon		50. West Virginia

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