INDIANA (WANE) — While the United States as a whole is known to face debt, do you ever wonder where each state stands?

In a study completed by Creditsecrets.com, they analyzed public records to examine state and national debts, to rank US states with the highest and lowest debt levels.

Coming in first place was Mississippi with $65,547 in consumer debt per capita and $4,932 per capita when it comes to the state’s government debt.

In tenth sits the Hoosier state with $79,349 in consumer debt and $7,578 in government debt per person. With a 10.374% government debt ratio of GDP, the Hoosier state overall has a stable economic environment and effective debt management.

America has been named the third most indebted country globally in 2024, with consumer debt at 74.44% of GDP and government debt sitting at 123%.

Find the full ranking of the top ten lowest debt states down below.