List of U.S. states by credit rating
From Wikipedia, the free encyclopedia
This is a list of U.S. states by credit rating, showing credit ratings for sovereign bonds as reported by the three major credit rating agencies: Standard & Poor's, Fitch and Moody's.

AAA
AA+
AA
AA−
A+
A
A−
BBB+
BBB
BBB− and below

Aaa
Aa1
Aa2
Aa3
A1
A2
A3
Baa1
Baa2
Baa3 and below
Not rated

AAA
AA+
AA
AA−
A+
A
A−
BBB+
BBB
BBB− and below
Not rated
List of general obligation bond rankings
| State | S&P Global[1] | Moody's | Ref. | Fitch Ratings | ||
|---|---|---|---|---|---|---|
| Rating | Date | Ref. | ||||
| Alabama | AA | Aa1 | [2] | AA+ | May 10, 2022 | [3] |
| Alaska | AA | Aa2 | [2][4] | A+ | April 13, 2022 | [5] |
| Arizona | AA | Aa1 | [2] | N/a | [6] | |
| Arkansas | AA+ | Aa1 | [2] | N/a | ||
| California | AA− | Aa2 | [2] | AA | March 1, 2022 | [7] |
| Colorado | AA | Aa1 | [2] | N/a | [8] | |
| Connecticut | AA− | Aa2 | [2][9] | AA− | May 24, 2022 | [10] |
| Delaware | AAA | Aaa | [2][11] | AAA | February 9, 2022 | [12] |
| District of Columbia | AA+ | Aa1 | [13][14] | AA+ | November 2, 2021 | [15] |
| Florida | AAA | Aaa | [2] | AAA | June 23, 2022 | [16] |
| Georgia | AAA | Aaa | [2][17] | AAA | June 6, 2022 | [18] |
| Hawaii | AA+ | Aa2 | [2] | AA | September 17, 2021 | [19] |
| Idaho | AA+ | Aaa | [2][20] | AAA | November 4, 2021 | [21] |
| Illinois | A− | A2 | [2][22] | A− | November 7, 2023 | [23] |
| Indiana | AAA | Aaa | [2][24] | AAA | September 17, 2021 | [25] |
| Iowa | AAA | Aaa | [2][26] | AAA | December 8, 2021 | [27] |
| Kansas | AA− | Aa2 | [2] | N/a | [28] | |
| Kentucky | A+ | Aa2 | [2] | AA | May 11, 2023 | [29] |
| Louisiana | AA | Aa2 | [2] | AA− | March 18, 2022 | [30] |
| Maine | AA | Aa1 | [2][31] | AA | November 9, 2021 | [32] |
| Maryland | AAA | Aa1 | [2][33] | AAA | June 1, 2022 | [34] |
| Massachusetts | AA+ | Aa1 | [2][35] | AA+ | September 10, 2021 | [36] |
| Michigan | AA | Aa1 | [2][37] | AA+ | July 21, 2022 | [38] |
| Minnesota | AAA | Aaa | [2][39] | AAA | August 5, 2022 | [40] |
| Mississippi | AA | Aa2 | [2][41] | AA | November 8, 2021 | [42] |
| Missouri | AAA | Aaa | [2] | AAA | October 7, 2021 | [43] |
| Montana | NR | Aa1 | [2] | AA+ | August 26, 2021 | [44] |
| Nebraska | AAA | Aaa | [2] | N/a | ||
| Nevada | AA+ | Aa1 | [2] | AA+ | April 20, 2022 | [45] |
| New Hampshire | AA+ | Aa1 | [2][46] | AA+ | March 3, 2022 | [47] |
| New Jersey | A+ | Aa3 | [2] | A+ | April 10, 2023 | [48] |
| New Mexico | AA | Aa2 | [2] | N/a | ||
| New York | AA+ | Aa1 | [2][49] | AA+ | July 8, 2022 | [50] |
| North Carolina | AAA | Aaa | [2][51] | AAA | July 1, 2022 | [52] |
| North Dakota | AA+ | Aa1 | [2] | N/a | ||
| Ohio | AAA | Aaa | [2][53] | AAA | August 30, 2023 | [54] |
| Oklahoma | AA+ | Aa1 | [2] | AA | April 21, 2022 | [55] |
| Oregon | AA+ | Aa1 | [2][56] | AA+ | April 29, 2022 | [57] |
| Pennsylvania | A+ | Aa2 | [2][58] | AA | November 27, 2023 | [59] |
| Rhode Island | AA | Aa2 | [2][60] | AA | September 28, 2021 | [61] |
| South Carolina | AA+ | Aaa | [2][62] | AAA | June 1, 2022 | [63] |
| South Dakota | AAA | Aaa | [2] | AAA | October 13, 2021 | [64] |
| Tennessee | AAA | Aaa | [2][65] | AAA | January 20, 2022 | [66] |
| Texas | AAA | Aaa | [2][67] | AAA | March 24, 2022 | [68] |
| Utah | AAA | Aaa | [2][69] | AAA | April 22, 2022 | [70] |
| Vermont | AA+ | Aa1 | [2][46] | AA+ | April 6, 2022 | [71] |
| Virginia | AAA | Aaa | [2][58] | AAA | June 28, 2022 | [72] |
| Washington | AA+ | Aaa | [2][73] | AA+ | April 15, 2022 | [74] |
| West Virginia | AA− | Aa2 | [2][75] | AA | May 2, 2022 | [76] |
| Wisconsin | AA+ | Aa1 | [2] | AA+ | January 10, 2022 | [77] |
| Wyoming | AA+ | N/a | [2] | N/a | ||
Historic S&P Global Rankings
| State | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Alabama | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA |
| Alaska | AA | AA | AA− | AA− | AA− | AA− | AA | AA | AA | AA+ | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | NR | NR |
| Arizona | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA− | AA− | AA− | AA− | AA− | AA− | AA | AA | AA | AA | AA | NR | NR | NR |
| Arkansas | AA+ | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA |
| California | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− | A+ | A | A− | A− | A− | A | A+ | A+ | A+ | A | A | BBB | A | A+ |
| Colorado | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | NR | NR | NR | NR | NR | NR |
| Connecticut | AA- | AA- | AA- | AA- | A+ | A | A | A | A+ | AA− | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA |
| Delaware | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
| Florida | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ |
| Georgia | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
| Hawaii | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA− | AA− | AA− | AA− | AA− | AA− |
| Idaho | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | NR | NR | NR | NR | NR | NR |
| Illinois | A- | A- | A- | BBB+ | BBB | BBB− | BBB− | BBB− | BBB− | BBB | A− | A− | A− | A | A+ | A+ | A+ | AA | AA | AA | AA | AA | AA | AA | AA |
| Indiana | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA | AA | AA+ | AA+ | AA+ |
| Iowa | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ |
| Kansas | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA | AA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ |
| Kentucky | A+ | A+ | A+ | A | A | A | A | A | A+ | A+ | A+ | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA |
| Louisiana | AA | AA | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA | AA | AA | AA | AA | AA | AA− | AA− | A+ | A | A | A | A+ | A+ | A | A |
| Maine | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA− | AA− | AA | AA+ | AA+ | AA+ |
| Maryland | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
| Massachusetts | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA− | AA− | AA− | AA− |
| Michigan | AA | AA | AA | AA | AA | AA | AA | AA | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA | AA | AA+ | AA+ | AAA | AAA |
| Minnesota | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
| Mississippi | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA |
| Missouri | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
| Montana | NR | NR | NR | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA− | AA− | AA− | AA− | AA− | AA− | AA− |
| Nebraska | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ |
| Nevada | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA | AA | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA |
| New Hampshire | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA+ | AA+ |
| New Jersey | A+ | A | A | A− | BBB+ | BBB+ | A− | A− | A− | A- | A | A | AA− | AA− | AA− | AA | AA | AA | AA | AA | AA | AA− | AA | AA | AA+ |
| New Mexico | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ |
| New York | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA |
| North Carolina | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
| North Dakota | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA− | AA− | AA− | AA− |
| Ohio | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ |
| Oklahoma | AA+ | AA | AA | AA | AA | AA | AA | AA | AA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA |
| Oregon | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA− | AA− | AA− | AA− | AA | AA |
| Pennsylvania | A+ | A+ | A+ | A+ | A+ | A+ | A+ | A+ | A+ | AA− | AA− | AA− | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA |
| Rhode Island | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA− | AA− | AA− | AA− |
| South Carolina | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AAA | AAA | AAA | AAA |
| South Dakota | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | NR | NR | NR | NR | NR |
| Tennessee | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA |
| Texas | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA | AA |
| Utah | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
| Vermont | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ |
| Virginia | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA | AAA |
| Washington | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA+ | AA+ | AA+ |
| West Virginia | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA | AA | AA | AA | AA | AA | AA | AA− | AA− | AA− | AA− | AA− | AA− | AA− | AA− |
| Wisconsin | AA+ | AA+ | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA | AA− | AA− | AA− | AA− | AA− | AA− | AA |
| Wyoming | AA+ | AA | AA | AA | AA | AA | AA+ | AA+ | AA+ | AAA | AAA | AAA | AAA | AAA | AAA | AA+ | AA+ | AA+ | AA | AA | AA | AA | AA | AA | AA |
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