What’s the Average Credit Score in America?

Learn about the average credit score in the U.S., including by age and state

The average FICO® credit score in the U.S. was 710 in 2020. That’s according to data from an annual study by Experian®. 

The Experian 2020 Consumer Credit Review uses FICO scores nationwide to determine averages by age, state and more. FICO is a credit-scoring company that provides some of the most commonly used scores in America. Read on for more of the study’s findings and see what they mean for you.

What’s a Credit Score?

Credit scores are based on the information in your credit reports. According to the Consumer Financial Protection Bureau (CFPB), a credit score represents “a snapshot of a person’s creditworthiness.” And that’s why the CFPB says potential lenders might use your credit scores to make decisions about things like approving loans and extending credit. 

High scores can mean better interest rates when you buy a new home, a new car and more. 

But what is a good credit score? FICO says good credit scores fall between 670 and 739. That’s on a scoring range from 300 to 850. And in 2020, 69% of Americans had a credit score of 670 or higher.

Keep in mind: Credit-scoring companies use different formulas, or models, to calculate credit scores. And there are many different credit scores and scoring models. Some credit scores even use different ranges. That means people have more than one score out there. According to the CFPB, some of the most commonly used credit scores come from FICO and VantageScore®

What’s the Average Credit Score by Age?

Your age doesn’t directly impact your credit scores. But older people generally have better credit scores than younger people do. 

According to Experian, Americans who are 75 and older regularly have the highest FICO scores of any generation. One possible reason: Credit scores are partly determined by your credit history. And a longer history of responsible credit use can result in a better score.

You can use the following average scores to get a sense of where you stand compared with others your age.

Average FICO Score by Age Group in 2020

Age Group Credit Score
Generation Z (18-23) 674
Millennials (24-39) 679
Generation X (40-55) 698
Baby Boomers (56-74) 736
Silent Generation (75+) 758

Source: Experian 2020 Consumer Credit Review

What’s the Average Credit Score by State?

Where you live doesn’t directly impact your credit scores. But you might still be curious.

You can use the following averages to see how your credit scores compare with the average score in your state.

Average FICO Score by State in 2020

State Credit Score
Alabama 686
Alaska 714
Arizona 706
Arkansas 690
California 716
Colorado 725
Connecticut 723
Delaware 710
District of Columbia 713
Florida 701
Georgia 689
Hawaii 727
Idaho 720
Illinois 716
Indiana 707
Iowa 726
Kansas 717
Kentucky 698
Louisiana 684
Maine 721
Maryland 712
Massachusetts 729
Michigan 714
Minnesota 739
Mississippi 675
Missouri 707
Montana 726
Nebraska 728
Nevada 695
New Hampshire 729
New Jersey 721
New Mexico 694
New York 718
North Carolina 703
North Dakota 730
Ohio 711
Oklahoma 690
Oregon 727
Pennsylvania 720
Rhode Island 719
South Carolina 689
South Dakota 731
Tennessee 697
Texas 688
Utah 723
Vermont 731
Virginia 717
Washington 730
West Virginia 695
Wisconsin 732
Wyoming 719

Source: Experian 2020 Consumer Credit Review

How Has the Average Credit Score Changed Over Time?

Experian’s data shows that the average FICO credit score in America has grown by around one point every year for the past 10 years. But from 2019 to 2020, the nation’s average credit score jumped seven points—from 703 to 710.

How to Improve Your Credit Score

Ready to improve your credit score? Building credit takes time. But it’s possible to build and keep a good credit score if you practice responsible financial behaviors like paying your bills on time and staying well below your credit limits.

It can help to monitor your credit regularly. Aside from showing you where you stand, monitoring your credit can help you spot reporting errors and potential fraud attempts. Errors and fraud could hurt your scores.

CreditWise from Capital One makes that easy. The free tool lets you monitor your TransUnion® credit report and your VantageScore® 3.0 credit score. And checking it won’t hurt your score—a major plus if you’re working to improve a bad credit score—so you can check it as often as you like. The built-in CreditWise Simulator even lets you explore the potential impact of your financial decisions before you make them.

Learn more about Capital One’s response to COVID-19 and resources available to customers. For information about COVID-19, head over to the Centers for Disease Control and Prevention

Government and private relief efforts vary by location and may have changed since this article was published. Consult a financial adviser or the relevant government agencies and private lenders for the most current information.

We hope you found this helpful. Our content is not intended to provide legal, investment or financial advice or to indicate that a particular Capital One product or service is available or right for you. For specific advice about your unique circumstances, consider talking with a qualified professional.

Your CreditWise score is calculated using the TransUnion® VantageScore® 3.0 model, which is one of many credit scoring models. It may not be the same model your lender uses, but it can be one accurate measure of your credit health. The availability of the CreditWise tool depends on our ability to obtain your credit history from TransUnion. Some monitoring and alerts may not be available to you if the information you enter at enrollment does not match the information in your credit file at (or you do not have a file at) one or more consumer reporting agencies.

The CreditWise Simulator provides an estimate of your score change and does not guarantee how your score may change.

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