Description of the Indicator
The county debt indicator depicts the amount of total debt and debt per capita for each of the three counties.
Why is it important?
This indicator points to the fiscal health of the three-county region. Understanding changes in debt per capita allows policymakers to understand the burden that is often placed on residents in the form of taxes.
How is the region performing?
Lackawanna County has the highest share of total debt ($206,036,001) compared to Luzerne ($185,265,000) and Wayne County ($24,979,130). Debt per capita measures total debt against the population, which is an indicator of a government’s debt burden and current fiscal condition.
Lackawanna County’s debt per capita is $956.