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American Household Debt Hits $18.39 Trillion, Florida Struggles

8/13/2025

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Summary

Story summary

American household debt has surpassed $152,000, reaching $18.39 trillion in Q2 2025.
Mortgages represent approximately 70% of this debt, averaging $107,384 per household.
In Florida, the average debt per credit consumer is $58,390, driven by student loans and credit card balances.
The state struggles with high credit card delinquency rates, especially concerning student loans.

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Story summary

American household debt has surpassed $152,000, reaching $18.39 trillion in Q2 2025.
Mortgages represent approximately 70% of this debt, averaging $107,384 per household.
In Florida, the average debt per credit consumer is $58,390, driven by student loans and credit card balances.
The state struggles with high credit card delinquency rates, especially concerning student loans.