Wichita is the biggest city in Kansas, and according to U.S. Census estimates for 2020-2021, it’s also the 49th largest in America. Credit Karma data shows that the average debt for the 98.076 Credit Karma users who live in Wichita is $35,458. The total debt in this case is composed of auto loans and auto leases as well as student loans, mortgages credit card balances, medical debt, and credit card debt. Click here to see the complete methodology.
Take a look at the debt situation in Wichita.
Credit Karma Stat Snapshot
Total debt in Wichita
Wichita’s 98,076 Credit Karma users owed a total of $6.19 billion. The median debt of individuals was $10,945, but the average debt was $35,458. This indicates that Wichita residents have a higher level of debt than the rest of their population. The average payment for this debt is $386.
Credit Karma’s national average debt is $49.454 and its median is $11,223.
Wichita‘s debt dial
Image: wichitadebtgauge-1
Student loans, auto loans, mortgages and credit card debt in Wichita
The following table contains the averages and medians of different types debt among Credit Karma users in Wichita.
|
Type of Debt |
Total number of Credit Karma users with type debt |
Average debt |
Median debt |
Average next payment |
|---|---|---|---|---|
| Auto Loan | 74,197 | $21,819 | $16,808 | $540 |
| Student Loan | 41,616 | $28,274 | $15,530 | $30 |
| You can also find out more about Mortgages | 35,156 | $148,652 | $124,099 | $1,195 |
| Card | 88,829 | $5,572 | $2,542 | $157 |
How do Wichita residents compare with the averages of national members? The following table compares Wichita’s averages with the national average among Credit Karma users.
|
Type of Debt |
Average national debt of Credit Karma Members |
Wichita member average debt |
|---|---|---|
| Auto Loan | $24,042 | $21,819 |
| Student Loan | $32,004 | $28,274 |
| You can also find out more about Mortgages | $235,194 | $148,652 |
| Card | $6,469 | $5,572 |
Credit Karma users in Wichita, Kansas had less debt overall than the national average for all categories. The average mortgage debt is $90,000 lower in Wichita than the national average.
Where does Wichita rank in comparison to other cities?
Credit Karma members were compared to the average population of each city based on U.S. Census population estimates for 2021.
Wichita is the 93rd highest city in the list of top 100 cities for Credit Karma users. Wichita, then, has the 8th lowest overall average of all Credit Karma member cities.
Wichita’s members rank against the top 100 American cities.
- Auto Loan Debt: 71st largest
- Credit card debt: 86th highest
- Student loan debt: 86th highest
- Mortgage debt: 97th highest
Wichita Credit inquiries, past due accounts and
Credit Karma members from Wichita have a VantageScore credit score of 662 on average and a median score of 667. Both are good. Credit Karma’s national VantageScore 3,0 average was 673. The median score was 682.
Wichita residents had an average 4.8 inquiries in their credit report, while the average nationwide was 4.2.
Wichita residents average 0.74 accounts with 30 day past due. Nationally, 0.74 accounts are averaged.
Methodology
We analyzed accounts of approximately 98,000 Credit Karma users in Wichita, who were active on the website within the past 36 months, to determine the averages for each category of debt, including auto lease, auto loans, credit cards, mortgages, student loans, medical debt, and total debt. The averages were calculated using information from TransUnion credit reports of members from 90 days prior to the date the data was pulled, which is August 17, 2022. To be considered for this analysis, any outstanding balances on open accounts of members at the time data was pulled, including auto lease, auto loans, credit cards, mortgages, medical debt, and student loans, are defined. The numbers were rounded up to the nearest whole.
All data in this article was retrieved on August 17, 2022.