People between the ages of 40 ad 49 had on average a higher credit card balance than any other age group in the United States in the first quarter of 2023. That year, the average credit card debt of people who were 29 years or younger amounted approximately to 2,900 U.S. dollars. People that were 65 years and older had a credit card balance of roughly 4,700 U.S. dollars.
Average credit card balance in the United States in the 1st quarter of 2023, by age group (in 1,000 U.S. dollars)
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CNBC. (June 9, 2023). Average credit card balance in the United States in the 1st quarter of 2023, by age group (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved March 19, 2024, from https://www.statista.com/statistics/768077/credit-card-debt-usa-by-age/
CNBC. "Average credit card balance in the United States in the 1st quarter of 2023, by age group (in 1,000 U.S. dollars)." Chart. June 9, 2023. Statista. Accessed March 19, 2024. https://www.statista.com/statistics/768077/credit-card-debt-usa-by-age/
CNBC. (2023). Average credit card balance in the United States in the 1st quarter of 2023, by age group (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: March 19, 2024. https://www.statista.com/statistics/768077/credit-card-debt-usa-by-age/
CNBC. "Average Credit Card Balance in The United States in The 1st Quarter of 2023, by Age Group (in 1,000 U.S. Dollars)." Statista, Statista Inc., 9 Jun 2023, https://www.statista.com/statistics/768077/credit-card-debt-usa-by-age/
CNBC, Average credit card balance in the United States in the 1st quarter of 2023, by age group (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/768077/credit-card-debt-usa-by-age/ (last visited March 19, 2024)
Average credit card balance in the United States in the 1st quarter of 2023, by age group (in 1,000 U.S. dollars) [Graph], CNBC, June 9, 2023. [Online]. Available: https://www.statista.com/statistics/768077/credit-card-debt-usa-by-age/