Thirty-eight percent of Fulton County residents have debt in collections, according to a recent Urban Institute study.
The nonprofit published a national county-by-county map on the level of household debt. Debt in collections includes certain past-due credit lines and unpaid bills reported to credit bureaus.
Georgia’s share with any debt in collections was 40 percent. That’s seven percent higher than the national average.
Fulton’s total median amount of debt in collections was $1,719. That number was $1,248 for whites, compared with $1,833 for nonwhites.
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According to the report: Fulton County whites have an average household income of $138,305; nonwhite households make $62,907 on average. The county’s total average is $97,048.
The debt in collections levels were high in Clayton, at 55 percent, and low in Forsyth, at 19 percent.
The information comes from 2016 data from a major credit bureau and estimates from summary tables of the US Census Bureau’s American Community Survey (2015 or 2011–15).
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