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Which states have the most delinquent debt payments in 2025?

By
Real Estate Agent with RE/MAX Stars Realty

The 2025 first quarter statistics have been released and the results are a little surprising.  First, it is important to know the #1. isn't the winning state and it is actually the state with the highest percentage of delinquent debt.  The #50 state is the state with the lowest delinquent debt and this might be the reverse of what you might have been thinking.

Overall Rank* 

State

 

Percentage of Tradelines Delinquent in Q1 2025 

1

Mississippi

 

14.27%

         2

Louisiana

 

13.12%

3

West Virginia

 

12.33%

4

Alabama

 

12.32%

5

Arkansas

 

11.81%

6

South Carolina

 

11.96%

7

Delaware

 

11.87%

8

North Carolina

 

12.33%

9

Texas

 

11.67%

10

Tennessee

 

11.48%

11

Oklahoma

 

11.24%

12

Indiana

 

11.38%

13

New Mexico

 

10.98%

14

Pennsylvania

 

11.40%

15

Kentucky

 

11.06%

16

Alaska

 

11.23%

17

Maryland

 

11.01%

18

Georgia

 

11.03%

19

Nevada

 

11.08%

20

New Jersey

 

10.42%

21

Connecticut

 

10.51%

22

Michigan

 

10.80%

23

Missouri

 

10.66%

24

Arizona

 

10.87%

25

New York

 

10.28%

26

Maine

 

9.99%

27

Virginia

 

10.55%

28

Minnesota

 

10.17%

29

Nebraska

 

9.71%

30

Florida

 

9.80%

31

Kansas

 

9.67%

32

North Dakota

 

9.95%

33

South Dakota

 

10.53%

34

Rhode Island

 

9.95%

35

Idaho

 

9.63%

36

New Hampshire

 

9.50%

37

Vermont

 

9.22%

38

Ohio

 

9.46%

39

Oregon

 

9.56%

40

Hawaii

 

9.35%

41

California

 

10.28%

42

Massachusetts

 

9.71%

43

Illinois

 

9.34%

44

Wyoming

 

10.12%

45

Wisconsin

 

9.04%

46

Colorado

 

9.29%

47

Washington

 

9.27%

48

Montana

 

9.63%

49

Utah

 

8.81%

50

Iowa

 

7.42%

Feel free to ask a real estate question in the comment section below.

Thanks, Sam Miller of REMAX Stars Realty - Call 740-397-7800 SamMillerSells.com

Comments(6)

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Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Associate Real Estate Broker

Some people just get into trouble and the house payments suffer. At the very least, if it's temporary, the banks will work with them

Jun 20, 2025 02:04 PM
Sam Miller

Hi Ed, Thanks for commenting - Sam  

Jun 20, 2025 07:14 PM
George Souto
George Souto NMLS #65149 - Middletown, CT
Your Connecticut Mortgage Expert

Sam Miller I am surprised CA, and NY are not higher on that list with their overall cost of living being among the highest in the country.

Jun 20, 2025 03:41 PM
Sam Miller

Hi George, Thanks for commenting!  I was equally surprised that New York, Florida and California weren't in the top 10 - Sam

Jun 20, 2025 07:17 PM
Adam Feinberg

George Souto, There is so much cash sloshing around in NYC that it's less surprising than you might think. Around 60-65% of real estate buyers in NYC are all cash and it's been that way for years- despite the high cost of living. That said of course that Manhattan isn't the same as the rest of the state. Also- even with renters in Manhattan, there are lots of millionaire renters out there too and plenty of tenants out there that have zero debt or small debts that they pay on time. 

Jun 21, 2025 09:29 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Deliquent debt is not a good thing and it looks like Arizona is in the middle of the pack, haha.

Jun 21, 2025 08:03 AM
Sam Miller

Thanks for commenting Brian!  I agree that delinquent debt is a problem and the ripple it will cause over time will take some consumers out of the market - Sam 

Jun 22, 2025 09:13 AM
Adam Feinberg
Elegran - Manhattan, NY
NYC Condo, Co-op, and Townhouse Advisor

Most of the list is not at all surprising. I know some are surprised NY is not higher on the list given the high cost of living, but salaries are higher plus there is lots of accumulated wealth here. 

Jun 21, 2025 09:37 AM
Sam Miller

Thanks for commenting Adam!  That is great to hear about New York and I hope all of the delinquent debt gets caught up and people can rebuild their credit in the near future.  I am hopeful we will see the Fed Rate come down in the near future - Sam

Jun 22, 2025 09:14 AM
Adam Feinberg
Elegran - Manhattan, NY
NYC Condo, Co-op, and Townhouse Advisor

Sam Miller If you want to know the odds of a Fed Rate cut - use CME Group's Fedwatch tool. Click on the Probabilities button under the target rate section. https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

Looks like most traders are expecting the 1st cut is largely expected after the Sept 17th meeting of 25 basis points. 

Jun 22, 2025 10:25 AM
Sam Miller

Thanks Adam for commenting!  A reduction of 25 basis points would be welcome and it could help build some positive momentum - Sam

Jun 23, 2025 04:39 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

They all look pretty awful to me. Imaging if YOU were late on 7% of your bills...lol

Jun 30, 2025 08:24 AM
Sam Miller

Jeffrey, I agree and thanks for commenting - Sam

Jun 30, 2025 08:27 AM