Total average debt in the U.S. in 2021, by generation
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).
