Study Shows McLean Residents are a Frugal Bunch

Fresh off a ranking in Bloomberg’s wealthiest places in America list, McLean took the number 10 spot in a rundown of American cities ranked by money management.

The list by WalletHub, a personal finance website based in D.C., compared over 2,500 cities and ranked them based on 10 indicators of money management.

The ranking factors in things like credit card, mortgage, and other debts as compared to incomes.

The median credit score in McLean is particularly high at 761 with an average number of late payments at 0.75.

Vienna also made an appearance on the list at 37th overall. The town’s average credit score is 763, but residents are a little sloppier on the payment deadlines, with an average 1.1 late payments.

Falls Church comes in at number 68 with a credit score of 733 and 2.08 late payments.

Recent Stories

Fairfax County’s COVID-19 case levels remain well below the worst days of the pandemic, but their rapid rise over the past month is enough to set off alarm bells, threatening…

61-year-old Falls Church resident Jose Matias Monjaras is the latest pedestrian killed in a vehicle crash in Fairfax County, the police department announced today (Monday). The crash occurred at 11:05…

If you’re interested in investing in real estate in Northern Virginia right now, your Neighborhood Expert shares some invaluable advice.

The Weekly Planner is a roundup of interesting events coming up over the next week in the Tysons area. We’ve searched the web for events of note in Tysons, Vienna,…

×

Subscribe to our mailing list