Report: Edmonds is county’s most fiscally healthy city

Sep 18, 2017

Edmonds has been recognized as one of the most fiscally healthy cities in the state, according to a new financial report. In a survey of 150 cities, Edmonds ranked 22nd, with one of the highest average credit scores for its residents. Edmonds was also the top-ranked city in Snohomish County.

“Edmonds residents should be proud of this recognition, as it showcases their ability to wisely manage their finances,” Mayor Dave Earling said.

“This report shows Edmonds citizens are seen as among the best in our state at managing their debt,” Finance Director Scott James added.

Experian's licensed dataset, LendEDU, an online marketplace for student loan refinancing and other financial products, analyzed the average credit score of each town and city in Washington with a population above 5,000.

Edmonds came in at No. 22, with an average credit score of 741, meaning it is seen as having some of the most fiscally secure and responsible citizens. Mercer Island was ranked No. 1, with an average score of 766.

The full report and methodology, including a map and table of the statewide results, can be found at www.bit.ly/2xeaPH3.

 

Comments (0)
If you wish to comment, please login.