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WalletHub: Minnesotans some of least financially stressed due to COVID-19

  • Updated

(Baton Rouge LA-) With the unemployment rate at 8.4% and Americans still waiting for another COVID-19 relief package, WalletHub today released its report on the States with the Most People in Financial Distress During COVID-19.

In order to shed light on the financial troubles experienced by people across the U.S., and to show where those difficulties are most pronounced, WalletHub compared the 50 states and the District of Columbia across nine key metrics. Our data set includes factors like the average credit score, the change in the number of bankruptcy filings between July and January, and the share of people with accounts in distress. WalletHub defines an account in distress as one which either is in forbearance or has its payments deferred.

1. Louisiana

2. Nevada

3. Indiana

4. Oklahoma

5. Florida

51. Vermont

45. Minnesota

With racial equality being a hot-button issue in 2020 and Hispanic Heritage Month in full swing, the personal-finance website WalletHub today released its report on 2020’s Most & Least Diverse States in America.

To determine where the most idea and identity exchanges have occurred at the highest level in the U.S. — and where the population is relatively more homogeneous — WalletHub compared the 50 states across six key categories: socio-economic, cultural, economic, household, religious and political diversity.

1. Cal.

2. Texas

3. Hawaii

4. New Jersey

5. NY

50 West Virginia

29. Minnesota