Average Floridian carries $58,390 in total debt, aligning closely with national per-person levels.
Mortgages average $57,725 per homeowner, a major portion of Florida’s debt burden.
Auto loans average $6,560, while student loans reach $38,857 per borrower.
Florida’s credit card balances average $4,540, with high 90+ days delinquency rates.
Student loan growth and credit card delinquency highlight Florida’s financial pressure points.
This content is for educational purposes only and does not constitute investment advice. Past performance is not indicative of future results. Advisory services offered through Davies Wealth Management, a Registered Investment Adviser. Please consult a qualified financial, tax, or legal professional regarding your specific situation.
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