Here's How Much Money the Average American Owes by Age

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Debt is an increasingly significant problem that affects people of all ages in the United States.

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The average American has a total debt of $52,940.

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The average credit card debt is $6,194.

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The average mortgage debt is $208,185.

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The average auto loan debt is $19,231.

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The average student loan debt is $35,359.

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Americans in their 40s have the highest average debt at $135,841.

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Americans in their 20s have the lowest average debt at $22,135.

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Americans in their 60s have the highest average mortgage debt at $220,560.

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