Best and Worst States for Credit Scores

Where you live influences your income, your job opportunities and the kinds of industries you might work.  The state you live may also affect your credit score. Credit report has a great report on average state credit scores.  If your state is not listed click on the link to their site.

www.creditreport.com/info/credit-scores/average-credit-scores.asp

 

Best States for Credit Scores  (highest)

1.  South Dakota               710
2.  Minnesota                    707
3.  North Dakota               706
3.  Vermont                      706
5.  New Hampshire           703
5.  Massachusetts             703

Worst States for Credit Scores  (lowest)

51.  Texas                         651
50.  Nevada                      655
49.  Arizona                      659
48.  New Mexico               663
48.  Louisiana                   663

The national average is about 680.  Your score can cost you if it is low.  Watch your credit and pick your state wisely.  Lenders factor in the losses in a market when making loans.

2008 Crime State Rankings: New Hampshire Best, Nevada Worst

New Hampshire was declared  the safest state in the  2008 edition of
Crime State Rankings by CQ Press.

Nevada was declared the most dangerous.

Best States  (Lowest crime)

New Hampshire
Maine,
North Dakota,
Vermont
South Dakota

Worst States  (Highest Crime)

Nevada
Louisiana
New Mexico
South Carolina
Arizona

New Hampshire was declared for the first time after 10 consecutive years of North Dakota being awarded the most safe.  Nevada has been the most dangerous for the last 5 years.  Safety is an important long term consideration to home values and migration patterns.  Retirees should consider crime stats when picking a best place to retire.

CQ publishes an an extensive analysis.  You can find out more at www.cqpress.com/reference.

Best and Worst States to Retire

Well it used to be that the 2 best places to retire were Arizona and Florida.  It appears as a result of this latest real estate boom and bust that these 2 states while great for weather have started to drop in retirees eyes as attractive places to be.  Part of it is due to the run up in real estate prices that has literally made it unaffordable for many to buy and live on a fixed income.  Florida for example has seen the first shrinkage in its population in many years.  People are moving to other venues such as Tennessee, South Carolina, Georgia, North Carolina and other venues as the cost of housing is more affordable and the real estate taxes not as burdensome.  Arizona has also seen its run up in real estate that has made it more difficult to live comfortably there.  What are your thoughts?  What are the best places to retire today?  What are the worst?