How Much Debt Does the Average American Have?

Answer In 2009, the average American owed an average of $8,400 in credit card debt alone, according the U.S. Census Bureau. Debt in America has reached $2.43 trillion, or approximately $21,900 per househo... Read More »

Top Q&A For: How Much Debt Does the Average American Have

What is the average debt of the American family?

As of 2009, the average debt of all families in the United States was $16,046, according to For families that have credit cards, the average combined debt of the cards and any othe... Read More »

How much does the average American owe in credit card debt?

The average credit card balance for American households was $7,300 in 2007, a 30.4 percent increase from 2004, according to a Federal Reserve report. The median balance for households with a credit... Read More »

What Is the Average American's Credit Card Debt?

The average household owes $8,000 in credit card debt alone. This is partly due to the fact that nearly 43 percent of families spend more than they make every year.Source:Comparing Debt

Average Consumer Debt?

The average consumer debt is about $21,900 per household in the U.S., according to the Federal Reserve. This is equivalent to 132% of the annual disposable income of the average household.Source: h... Read More »