Western South Dakota's Only Ranch Station

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

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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