Reston ranked No. 4 city in Virginia for money management; INOVA blood drive, DMV2GO at RTC

money paperchain
Image credit McEnearney Associates

According to WalletHub, Reston residents excel at managing their money. So much in fact that they are the fourth Virginia city on the list that was the result of the website’s study, “2016’s Best & Worst Cities at Money Management.” Reston comes in at #122 out of 2,750 cities, or in the top 95th percentile.

The Northern Virginia city’s metrics were examined by the study, and according to those calculations, the average credit score in Reston is 711.28. Also included were Reston’s credit card debt-to-income ratio (11.62%), mortgage debt-to-income ratio (524.26%), car loan debt-to-income ration (28.3%), student loan debt-to-income ratio (56.76%) and average number of late payments (1.1).

To figure out which cities should be counted as the best of the best when it comes to money management, WalletHub’s analysts researched and compared 2,750 different U.S. cities using TransUnion data from September 2015 (the most recent available at the time). In the end, while Cupertino, Calif. ranks top in the nation. See the list of the top 10 NoVa cities below, along with their percent and average credit score.

  1.     McLean: 99%, 736.37
  2.     Vienna: 99%, 735.28
  3.     Arlington: 97%, 710.2
  4.     Reston: 95%, 711.28
  5.     Falls Church: 93%, 692.52
  6.     Burke: 93%, 722.18
  7.     Fairfax: 91%, 712.08
  8.     Chantilly: 86%, 714.2
  9.     Herndon: 86%, 703.37
  10. Ashburn: 84%, 716.17

McEnearney Associates and WalletHub


Upcoming Events

INOVA will have a blood drive from noon to 7 p.m. March 22 beside the Reston Town Center Pavilion. You can schedule an appointment by calling 866-256-6372 or go to inova.org/donateblood. On-site registration also available.

DMV2Go is a wireless DMV office on wheels — apply or renew an ID card and driver’s license; get driving records; obtain vehicle titles, license plates, decals, order disabled plates; and more. Find information on all services offered at re.ston.tc/P9HLkh. DMV2GO will be at the Reston Town Center Pavilion from 9 a.m. to 4 p.m. March 23.

Did I miss an event happening today? Know about something coming up? Let me know in the comments below.

 

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