American Household Credit Card Debt Statistics: 2013

by Tim

The average US household credit card debt stands at $15,216, the result of a small number of deeply indebted households forcing up the numbers. Based on an analysis of Federal Reserve statistics and other government data, the average household owes $7,098 on their cards; looking only at indebted households, the average outstanding balance rises to $15,216. Here are statistics, trends, studies and methodology behind the average U.S. household debt.

Current as of June 2013

U.S. household consumer debt profile:

Average credit card debt: $15,216
Average mortgage debt: $148,443
Average student loan debt: $32,054

In total, American consumers owe:

$11.19 trillion in debt
A decrease of 1.5% from last year
$849.8 billion in credit card debt
$7.9 trillion in mortgages
$992.7 billion in student loans
An increase of 7.% from last year