Pittsburgh Taxpayers’ Debt Load Getting Lighter
In 2011, the debt per capita in Pittsburgh was $1,901, based on the Census count of 306,000 and $581.8 million in general obligation debt of the City. A decade earlier the average resident carried a much heavier debt load of $2,651. Both the debt and the City’s population were higher in 2001 but debt has fallen faster than population in the intervening years resulting in the per capita debt drop.