As the U.S. capital, Washington D.C. is a city on the Potomac River that borders Maryland and Virginia. In addition to the iconic monuments and buildings that house the Capitol, White House and Supreme Court, D.C. has renowned museums and performing arts centers.
With a population of 714,153 people, D.C. is mainly split between white and African American, with small ethnic groups including Asian, Hispanic, and two or more races.
According to the U.S Census Bureau, the median income for a household in the District of Columbia in 2015 – 2019 was $86,420, and per capita income was $56,147.
The average Washington D.C. resident has $6,307 in credit card debt, according to LendingTree. Furthermore, the average credit card utilization rate is 41% – which is the 12th highest total in the U.S. and above the national average of 37.7%. 7.1% of D.C. residents have a maxed-out credit card, which is the 12th highest total in the nation.
Given the high cost of living in the area, the above isn’t too surprising. People living in D.C. may need our free resources or a credit counselor’s help in budgeting accordingly while paying off their debt.
American Consumer Credit Counseling is a nonprofit 501 c(3) organization that provides credit counseling services that include a debt management plan, bankruptcy counseling, student loan, and housing counseling, as well as financial education to consumers nationwide. American Consumer Credit Counseling operates in all 50 states and can help consumers in the D.C. area manage their credit card debt and gain financial peace of mind.
ACCC Washington DC
20 F Street, 7th Floor, Washington, DC 20001
Office Hours: Office hours vary by location. For our local branches, please be sure to call ahead to schedule an appointment.
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