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July 29, 2014 12:00 PM

Debt And The Midwest

Sioux Falls, SD

A new study from the Urban Institute finds the Midwest doesn't have as much debt as the West or Northeast.

The average South Dakotan has $51,120 in debt.

That's more than Iowa, but less than Minnesota.

The average South Dakotan is more than $51,000 in debt.  Most of that is mortgage debt.

If you'd like to read the study for yourself, click here.

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