If you live in Malvern, odds are that you have some serious skills at managing your money.

According to a recent study conducted by WalletHub – an online, industry-leading finance resource – Consumers in Malvern rank in the 95th percentile nationally in terms of thir ability to keep their financial house in order.

WalletHub’s analysts compared 2,570 cities based on eight key metrics, ranging from credit score to average number of late payments to mortgage debt-to-income ratio. The experts utilized TransUnion data from September 2015, the most recent available.

Malvern checked in at 129th overall, as its residents have an average credit score of 725.6 and only 1.28 late payments.

Phoenixville ranked in the 80th percentile, placing 515th out of the 2,570 cities. Its average credit score was 708.8, and its residents averaged 2.44 late payments.

Downingtown ranked in the 78th percentile, placing 553rd overall. Its average credit score was 716.1, and its residents averaged 1.79 late payments.

West Chester placed fourth in Chester County and in the 54th percentile nationally. Although West Chester residents have a high credit score of 722.3, they have, perhaps as expected, a student loan debt-to-income ratio of a 182.96 percent.

Other metrics that affected a city’s rank were credit-card debt-to-income ratio, car-loan debt-to-income ratio, average percentage of credit used, and foreclosure rate.

With regard to WalletHub’s study, each metric was given a value between 0 and 100, wherein 100 is the best value and 0 is the worst. The overall score for each city was then calculated using the weighted average across all metrics.

The term “city” is used liberally throughout the study, as it refers not just to cities but also boroughs.

The Villages, Fla. has the highest credit score, while Camden, N.J. has the lowest. State College and Gettysburg are two of the top five cities with the highest student loan debt-to-income ratio, with 605.58 percent and 649.72 percent, respectively.

Read more about the money management rankings on WalletHub here.

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Top image courtesy of Chester County Planning Commission