Whats the average credit score on Staten Island? – SILive.com

STATEN ISLAND, N.Y. -- While the cost of living in New York City is among the highest in the world, a report from Experian has found that credit scores among New York residents range from significantly below average to some of the highest in the country.

Experian ranked each New York City borough by credit score, as part of its ongoing look at the scores in the United States. It analyzed consumer credit data from the second quarter of 2019 to break down New York City neighborhoods by zip code and see which ones had the best credit.

Experian examined credit scores using the scoring model FICO Score 8, which examines factors like credit card usage, balances, credit history, credit mix and new credit. Credit scores range from 300 to 850, and a credit score of 700 or above is generally considered good, according to Experian.

New York City overall averaged a 701 FICO credit score for the second quarter of 2019, which Experian said is just under the national average of 703.

The average credit score on Staten Island is 709 -- lower than Manhattan (714) and Queens (710), but higher than Brooklyn (700) and the Bronx (665), the report found.

Experian ranked the credit scores by neighborhood. The South Shore had the highest average credit score on Staten Island, with an average score of 728.

The lowest average score on Staten Island was in Port Richmond at 681. Mid-Island consumers had an average score of 725, and residents who live in Stapleton-St. George had an average score of 703.

Experians 2019 State of Credit report released last June found that the average American has three regular credit cards with balances totaling about $6,500, and 2.6 store cards with total balances of around $1,900.

The average credit score nationwide was 680, and the average mortgage debt was $208,180, according to the report.

In New York State, the average credit score was 692, Experian reported. New Yorkers carried an average of 3.3 regular credit cards with balances totaling $6,850. The average resident also had 2.8 store credit cards with balances totaling $1,888.

The mortgage debt for a New York resident averaged $251,323, according to the Experian report.

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Whats the average credit score on Staten Island? - SILive.com

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