As good as your credit score is—or isn't—do you ever wonder what the competition looks like?
Mortgage Marvel.com, a mortgage shopping website, recently pulled data from almost half a million online mortgage applicants from across the country. For consumers applying for 30-year and 15-year mortgages, the site came up with an average credit score.
The good news: since the site ran a similar tabulation in 2011, credit scores from online mortgage shoppers have increased by four points, to 734. That small bump is an indication of how the real estate crisis has slowly resolved itself, and how the average household debt load has improved overall.
The figures paint an interesting portrait of who's borrowing, what their credit scores are, and how much they bring home — and the results are literally all over the map. California is ranked highest, with an average credit score of 744 and an even higher median score of 774 — meaning that half of all applicants in the state had a credit score higher than 774 (out of a possible 850).
(Read more: What to Expect from Interest Rates This Year)
Next comes Hawaii, with an average score of 754, Oregon at 751 and Connecticut at 747. On the list of median scores (see chart below), Wisconsin edges Connecticut for fourth place.
Check out the bottom of the list, where Mississippi, Arkansas and Louisiana reside, and you begin to see a pattern. All the states with top scores are those with high household earnings, while those with the lowest scores correlate with the lowest incomes.