Chevy Chase ranks 12th in country for best financial management, according to personal finance website

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The residents in Chevy Chase sure know their money, at least that’s what one personal finance website has found. The city ranked 12th nationally on a recent 2022 Best Cities at Money Management list. 

Wallethub conducted the survey by comparing 2,572 U.S. cities based on 10 key metrics including average credit score and mortgage debt-to-income ratio. The data for the metrics were collected from TransUnion in September 2021. 

The survey found that Chevy Chase citizens have a median credit score of 729, and an average number of late payments of 0.79. 

There’s a couple of MoCo cities that weren’t too far behind on the list. Bethesda came in 26th and Potomac placed 40th on the list. 

See the entire findings here

lbelfield-martin@midatlanticmedia.com 

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