Residents in West Mifflin, Pa., have the lowest mortgage debt-to-income ratio, according to a report by the website WalletHub.
In its 2020 Overleverage Report, WalletHub compared the median mortgage debt to the median income and median home value in 2,500 U.S. cities to determine where homeowners have the most-unsustainable mortgage debts.
The average mortgage debt-to-income ratio of homeowners in West Mifflin is 140 percent, which is 7.4 times lower than in Bell Gardens, Calif., which WalletHub identified as the city where residents have the highest mortgage debt-to-income ratio, 1,041 percent.
The website said residents in Bronxville, N.Y., have the lowest mortgage debt-to-house value ratio, 19 percent, which is 9.6 times lower than in McKees Rocks, Pa., the city with the highest at 182 percent.
WalletHub said residents in East St. Louis, Ill., have the lowest median mortgage debt, $42,809, which is 18.7 times lower than residents in Beverly Hills, Calif., the city with the highest at $802,098.
The report said residents in Scarsdale, N.Y., have the highest median income, $211,139, which is 9.6 times higher than in Bastrop, La., the city with the lowest at $22,021.