List of U.S. states by credit rating

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. The list is given as of May 2021.

Credit ratings for state debt from S&P Global as of May 2021:

  AAA

  AA+

  AA

  AA−

  A+

  A

  A−

  BBB+

  BBB

  BBB− and below

Credit ratings for state debt from Moody's as of May 2021:

  Aaa

  Aa1

  Aa2

  Aa3

  A1

  A2

  A3

  Baa1

  Baa2

  Baa3 and below

  Not rated

Credit ratings for state debt from Fitch as of May 2021:

  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−	Aa3	[2][4]	A+	April 13, 2022	[5]
Arizona	AA	Aa1	[2]	—		[6]
Arkansas	AA	Aa1	[2]	—
California	AA−	Aa2	[2]	AA	March 1, 2022	[7]
Colorado	AA	Aa1	[2]	—		[8]
Connecticut	A	Aa3	[2][9]	AA−	May 24, 2022	[10]
Delaware	AAA	Aaa	[2][11]	AAA	February 9, 2022	[12]
District of Columbia				AA+	November 2, 2021	[13]
Florida	AAA	Aaa	[2]	AAA	June 23, 2022	[14]
Georgia	AAA	Aaa	[2][15]	AAA	June 6, 2022	[16]
Hawaii	AA+	Aa2	[2]	AA	September 17, 2021	[17]
Idaho	AA+	Aaa	[2][18]	AAA	November 4, 2021	[19]
Illinois	A−	A3	[2][20]	A−	November 7, 2023	[21]
Indiana	AAA	Aaa	[2][22]	AAA	September 17, 2021	[23]
Iowa	AAA	Aaa	[2][24]	AAA	December 8, 2021	[25]
Kansas	AA−	Aa2	[2]	—		[26]
Kentucky	A	Aa3	[2]	AA−	April 28, 2022	[27]
Louisiana	AA−	Aa3	[2]	AA−	March 18, 2022	[28]
Maine	AA	Aa2	[2][29]	AA	November 9, 2021	[30]
Maryland	AAA	Aaa	[2][31]	AAA	June 1, 2022	[32]
Massachusetts	AA	Aa1	[2][33]	AA+	September 10, 2021	[34]
Michigan	AA	Aa1	[2][35]	AA+	July 21, 2022	[36]
Minnesota	AAA	Aa1	[2][37]	AAA	August 5, 2022	[38]
Mississippi	AA	Aa2	[2][39]	AA	November 8, 2021	[40]
Missouri	AAA	Aaa	[2]	AAA	October 7, 2021	[41]
Montana	AA	Aa1	[2]	AA+	August 26, 2021	[42]
Nebraska	AAA	Aa1	[2]	—
Nevada	AA+	Aa1	[2]	AA+	April 20, 2022	[43]
New Hampshire	AA	Aa1	[2][44]	AA+	March 3, 2022	[45]
New Jersey	A	A2	[2]	A−	April 12, 2023	[46]
New Mexico	AA	Aa2	[2]	—
New York	AA+	Aa2	[2][47]	AA+	July 8, 2022	[48]
North Carolina	AAA	Aaa	[2][49]	AAA	July 1, 2022	[50]
North Dakota	AA+	Aa1	[2]	—
Ohio	AAA	Aaa	[2][51]	AAA	August 30, 2023	[52]
Oklahoma	AA	Aa2	[2]	AA	April 21, 2022	[53]
Oregon	AA+	Aa1	[2][54]	AA+	April 29, 2022	[55]
Pennsylvania	A+	Aa3	[2][56]	AA−	April 11, 2022	[57]
Rhode Island	AA	Aa2	[2][58]	AA	September 28, 2021	[59]
South Carolina	AA+	Aaa	[2][60]	AAA	June 1, 2022	[61]
South Dakota	AAA	Aaa	[2]	AAA	October 13, 2021	[62]
Tennessee	AAA	Aaa	[2][63]	AAA	January 20, 2022	[64]
Texas	AAA	Aaa	[2][65]	AAA	March 24, 2022	[66]
Utah	AAA	Aaa	[2][67]	AAA	April 22, 2022	[68]
Vermont	AA+	Aa1	[2][44]	AA+	April 6, 2022	[69]
Virginia	AAA	Aaa	[2][56]	AAA	June 28, 2022	[70]
Washington	AA+	Aaa	[2][71]	AA+	April 15, 2022	[72]
West Virginia	AA−	Aa2	[2][73]	AA	May 2, 2022	[74]
Wisconsin	AA	Aa1	[2]	AA+	January 10, 2022	[75]
Wyoming	AA	n/a	[2]	—

Historic S&P Global Rankings

State	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
Alaska	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−	NR
Arkansas	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−	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−	AA−	AA
Connecticut	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
Florida	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
Hawaii	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	AA	AA
Illinois	A-	A−	A−	A−	A−	A-	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	AA+	AA+	AA	AA	AA+	AA+	AA+
Iowa	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+
Kentucky	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−	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+
Maryland	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−
Michigan	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	AA+	AA+	AA+	AA+	AA+	AA+	AAA	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
Missouri	AAA	AAA	AAA	AAA	AAA	AAA	AAA	AAA	AAA	AAA	AAA	AAA	AAA	AAA	AAA	AAA	AAA	AAA	AAA	AAA	AAA
Montana	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	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
New Hampshire	AA	AA	AA	AA	AA	AA	AA	AA	AA	AA	AA	AA	AA	AA	AA	AA	AA	AA	AA	AA+	AA+
New Jersey	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+
New York	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
North Dakota	AA+	AA+	AA+	AA+	AA+	AA+	AAA	AAA	AAA	AA+	AA+	AA+	AA+	AA	AA	AA	AA	AA−	AA−	AA−	AA−
Ohio	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
Oregon	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+	AA−	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−
South Carolina	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	AA+	AA+	AA+	AA+	AA	AA	AA	AA	AA	NR	NR	NR	NR	NR
Tennessee	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	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
Vermont	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
Washington	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−
Wisconsin	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+	AAA	AAA	AAA	AAA	AAA	AAA	AA+	AA+	AA+	AA	AA	AA	AA	AA	AA	AA
Source:[1]

See also

• List of U.S. state budgets
• List of countries by credit rating
• Illinois pension crisis