Business & Tech
How Credit Scores In Arlington Compare To Other U.S. Cities
A new report shows where Arlington ranks among about 2,500 cities across the U.S., including many in Massachusetts.
ARLINGTON, MA — The personal finance site WalletHub is out with a new report ranking the average credit scores of about 2,500 U.S. cities. In Massachusetts, wealthier cities like Lexington and Needham scored highest, but larger cities like Worcester and Framingham still had a decent showing.
The data was pulled from the credit bureau TransUnion and was dated to September 2019, according to WalletHub. The highest ranked city in Massachusetts was Lexington (No. 10 nationwide) with an average score of 779.
To compare, the lowest ranked cities — like Camden, N.J., and Detroit — had scores in the mid 500s. The average credit score in the U.S. is 703, according to the credit reporting agency Experian.
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Here's how Arlington and other local cities on the list were ranked:
Arlington
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Overall rank: 25
Percentile: 99
Median credit score: 771
Medford
Overall rank: 524
Percentile: 80
Median credit score: 736
Somerville
Overall rank: 393
Percentile: 85
Median credit score: 743
Winchester
Overall rank: 13
Percentile: 99
Median credit score: 776
Lexington
Overall rank: 10
Percentile: 99
Median credit score: 779
Belmont
Overall rank: 49
Percentile: 98
Median credit score: 767
WalletHub also ranked cities in three different categories according to city size. Arlington was in the "small" city category and ranked in the 99th percentile nationwide, along with dozens of other communities.
You can read the full report on the WalletHub website.
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