The total average debt of Baby Boomers in the United States amounted to nearly 96,000 U.S. dollars in 2021. Debt balances, however, varied greatly according to the generation. The Generation X held the highest debt on average (over 146,000 U.S. dollars), while generation Z held the lowest average debt (nearly 21,000 U.S. dollars).
Total average debt in the United States in 2021, by generation (in U.S. dollars)
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Statistics on Personal debt in the United States
Overview
4
- Basic Statistic Household debt to GDP ratio in the U.S. 2014-2022
- Basic Statistic Household debt service payments as a share of disposable income in the U.S. 2011-2022
- Premium Statistic Value of household debt in the U.S. 2022, by type
- Basic Statistic Total average debt in the U.S. in 2021, by generation
Overall consumer lending
4
- Basic Statistic Consumer credit debt of households and nonprofit organizations in the U.S. 2011-2022
- Premium Statistic Average consumer debt in the U.S. 2010-2021
- Premium Statistic Amount of personal debt held in the U.S. 2018-2021
- Premium Statistic Main source of debt among consumers in the U.S. 2017-2022
Mortgage debt
3
Car loan debt
4
Credit card debt
3
Student loan debt
4
Buy now, pay later (BNPL)
3
Attitudes towards debt
3
Loan delinquency
5
- Premium Statistic Quarterly delinquency on consumer loans at commercial banks in the U.S. 2007-2022
- Premium Statistic Homeowners with current or overdue mortgage payments in the U.S. in 2022, by race
- Premium Statistic Share of people with debt in collections in the U.S. 2022
- Premium Statistic Value of student loan debt outstanding, by repayment status U.S. 2021
- Premium Statistic Value of delinquent debt balance per capita in the U.S. 2021-2022 (in U.S. dollars)
Further related statistics
17
- Changes to U.S. shopping behavior if a nearby store closes down 2019, by generation
- Penetration of credit card usage in the U.S. 2014, by generation
- Changes to shopping behavior if a nearby store closes down Canada 2019, by generation
- Mexico: consumer expenditure 2017, by channel & generation
- Individuals who think that artificial intelligence will save the world in the UK 2017
- Individuals attitudes to technology in the UK in 2017
- Individuals who favored Amazon to purchase goods in the UK in 2017
- Individuals who love to try new things as soon as possible in the UK in 2017
- Individuals who used their favorite website to purchase goods in the UK in 2017
- Individuals who believed that the BBC is a valuable institution in the UK in 2017
- Generational perception of their success and gender in the United Kingdom 2017
- Generational satisfaction with career in the United Kingdom in 2017
- Generational perception of their success and class in the United Kingdom 2017
- Generational satisfaction with their life in the United Kingdom in 2017
- Latin Americans willing to pay premium 2017, by generation
- External debt stock in Morocco 2019, by creditor type
- Foreign debt stock in Ghana 2015-2020
Further Content: You might find this interesting as well
Statistics
- Changes to U.S. shopping behavior if a nearby store closes down 2019, by generation
- Penetration of credit card usage in the U.S. 2014, by generation
- Changes to shopping behavior if a nearby store closes down Canada 2019, by generation
- Mexico: consumer expenditure 2017, by channel & generation
- Individuals who think that artificial intelligence will save the world in the UK 2017
- Individuals attitudes to technology in the UK in 2017
- Individuals who favored Amazon to purchase goods in the UK in 2017
- Individuals who love to try new things as soon as possible in the UK in 2017
- Individuals who used their favorite website to purchase goods in the UK in 2017
- Individuals who believed that the BBC is a valuable institution in the UK in 2017
- Generational perception of their success and gender in the United Kingdom 2017
- Generational satisfaction with career in the United Kingdom in 2017
- Generational perception of their success and class in the United Kingdom 2017
- Generational satisfaction with their life in the United Kingdom in 2017
- Latin Americans willing to pay premium 2017, by generation
- External debt stock in Morocco 2019, by creditor type
- Foreign debt stock in Ghana 2015-2020
Experian. (April 29, 2022). Total average debt in the United States in 2021, by generation (in U.S. dollars) [Graph]. In Statista. Retrieved February 09, 2023, from https://www.statista.com/statistics/468600/average-debt-and-bankcard-balance-usa-by-generation/
Experian. "Total average debt in the United States in 2021, by generation (in U.S. dollars)." Chart. April 29, 2022. Statista. Accessed February 09, 2023. https://www.statista.com/statistics/468600/average-debt-and-bankcard-balance-usa-by-generation/
Experian. (2022). Total average debt in the United States in 2021, by generation (in U.S. dollars). Statista. Statista Inc.. Accessed: February 09, 2023. https://www.statista.com/statistics/468600/average-debt-and-bankcard-balance-usa-by-generation/
Experian. "Total Average Debt in The United States in 2021, by Generation (in U.S. Dollars)." Statista, Statista Inc., 29 Apr 2022, https://www.statista.com/statistics/468600/average-debt-and-bankcard-balance-usa-by-generation/
Experian, Total average debt in the United States in 2021, by generation (in U.S. dollars) Statista, https://www.statista.com/statistics/468600/average-debt-and-bankcard-balance-usa-by-generation/ (last visited February 09, 2023)
Total average debt in the United States in 2021, by generation (in U.S. dollars) [Graph], Experian, April 29, 2022. [Online]. Available: https://www.statista.com/statistics/468600/average-debt-and-bankcard-balance-usa-by-generation/