Source link : https://las-vegas-news.com/why-las-vegas-has-the-highest-credit-card-to-income-ratio-in-the-country/
There’s something about Las Vegas that’s always felt a little different from other American cities. Maybe it’s the neon glow or the round-the-clock energy. Yet beneath all that glitter lies a sobering financial reality that affects nearly everyone who calls Sin City home. People living in this desert oasis are carrying some of the highest levels of credit card debt relative to their income in the entire United States, and honestly, it’s not hard to see why once you dig into the details.
Most folks assume Las Vegas residents are just spending too much at the casinos. That’s a convenient story, but the real picture is far more complicated. It involves unstable jobs, rising costs, stagnant wages, and an economic structure that can feel like it’s working against everyday people. So let’s dig into exactly why this happens and what it means for the people who live there.
Nevada Ranks Among the Worst for Credit Card Debt
Nevada households have the fifth-highest rate of credit card debt in the country with an average of $12,832, according to a WalletHub study from early 2025. That’s significantly above the national average and places the state firmly in the danger zone. What’s more troubling is that Nevada ranks fifth in the nation for the highest rate of debt per capita and fourth for the highest credit card debt as of 2024, while also ranking the highest in credit card…
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Author : Matthias Binder
Publish date : 2026-02-10 13:45:00
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