Business & Tech
King of Prussia Among Top Money-Managing Towns In Pennsylvania
A new study ranks the financial health and skills of nearly 3,000 cities around the country. King of Prussia was among the best in PA.
KING OF PRUSSIA, PA —Managing one’s funds is one of the great struggles of the modern human condition, and King of Prussia residents seem to know what they’re doing.
According to a recent study by WalletHub, King of Prussia residents are among some of the best in the country at managing their finances. King of Prussia residents rank 263rd out of 2,570 cities analyzed. That’s good enough for second-best in Montgomery County, behind only North Wales (183).
Overall, the study looked at credit scores, mortgages, car loans, student debt loans, as well as the average number of late payments.
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Norristown, meanwhile, placed 1443rd, near the middle of the list.
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In Pennsylvania, Allison Park led the way in 48th place.
King of Prussia’s average credit score was 718.07.
Click here to view the study’s methodology. WalletHub collected data from TransUnion and Renwood RealtyTrac.
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