A Foolish Take: Here's How Much Debt the Average U.S. Household Owes
The average American household carries $137,063 in debt, according to the Federal Reserve's latest numbers. Yet the U.S. Census Bureau reports that the median household income was just $59,039 last year, suggesting that many Americans are living beyond their means.
Here's how much debt the average U.S. household owes in credit cards, auto loans, student loans, and mortgages.
Data sources: NerdWallet and Federal Reserve. Chart by author.
Source: Fool.com
