Highest and lowest bankruptcy rates, 2002
Highest Bankruptcy Rate
Rank State Rate*
50 Missouri 699
49 Indiana 691
48 Nevada 665
47 Utah 616
46 Oklahoma 608
45 Oregon 578
44 Idaho 558
43 Kentucky 544
42 Ohio 538
41 West Virginia 531

Only three states have
a higher rate of bankruptcy
than Utah. Bankruptcy rate in
Utah four times higher
than South Carolina.

 
Rank State Rate*
10 New York 289
9 Connecticut 280
8 New Hampshire 271
7 Vermont 249
6 Delaware 242
5 Massachusetts 225
4 North Carolina 205
3 Alaska 194
2 Texas 188
1 South Carolina 164
Lowest Bankruptcy Rate

*Number of filings per 100,000 population. U.S. average is 381.
Source: American Bankruptcy Institute, U.S. Census