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.
Christopher Wendt
April 18, 2013
