How Much Consumer Debt Does the Average American Have?

At the national level, total household debt per capita stands at $63k as of Q4 2025, with the average credit card delinquency rate at 12.4%. But these averages conceal enormous geographic variation. 36 out of 51 states and DC now exceed 10% credit card delinquency — the highest count since the aftermath of the 2008 financial crisis.

The worst-performing state, Nevada, carries a credit card delinquency rate of 16.3% — more than double the rate in the lowest-delinquency states. The geographic concentration of financial distress in the Sun Belt and Deep South mirrors the pre-GFC mortgage distress pattern the American Distress Index was built to track.

At a Glance

36 of 51 States with credit card delinquency above 10% Q4 2025
12.4% National average CC delinquency rate Q4 2025
16.3% Highest state: Nevada Q4 2025
+5.6pp Biggest jump since 2019: Louisiana 2019 vs 2025
5.2% National auto loan delinquency rate Q4 2025
$63k National total debt per capita Q4 2025

The American Distress Index currently reads 59.0 (Elevated). The ADI tracks geographic spread as a systemic risk signal. When distress is concentrated in a handful of states, it can be explained by local conditions. When two-thirds of U.S. states cross the 10% credit card delinquency threshold simultaneously, the explanation is structural — and the parallel to pre-GFC mortgage distress patterns becomes harder to dismiss.

The Geographic Spread of Credit Card Distress

By Q4 2025, 36 out of 51 states and DC had credit card delinquency rates at or above 10% — the highest count since 2010, when 42 states exceeded the threshold in the aftermath of the financial crisis. In 2019, only 3 states were above this line.

The velocity of the expansion is the more important number. From 3 states in 2019 to 13 in 2023 to 36 in 2025, the spread has accelerated in a pattern that echoes — at a compressed timeline — the geographic diffusion of mortgage distress from 2005 to 2008. The American Distress Index tracks this as The Spread, one of its most watched systemic indicators.

States with Credit Card Delinquency Above 10%

Source: NY Fed Consumer Credit Panel / Equifax. Annual Q4 data, 2003-2025.

Credit Card Delinquency by State (Top 15)

The ranking skews heavily toward the Sun Belt and Deep South — regions where rapid population growth, rising housing costs, and wages that lag coastal metros have compressed household budgets. The top three — Nevada at 16.3%, Florida at 14.9%, and Louisiana at 14.2% — share a common profile: fast-growing populations absorbing cost increases with thinner financial buffers than their northeastern or western counterparts.

Credit Card Delinquency Rate by State — Top 15 (Q4 2025)

Source: NY Fed Consumer Credit Panel / Equifax. Delinquency = 90+ days past due as share of balances.

Fastest Deterioration Since 2019

The level tells you where distress is worst today. The change tells you where it is getting worse fastest. Louisiana saw the largest deterioration since the pre-pandemic baseline — a 5.6 percentage point increase — followed by Georgia (+5.6pp) and West Virginia (+5.6pp).

The national average rose from 8.1% to 12.4% over the same period — an increase of +4.2 percentage points. Several states experienced nearly double the national increase, confirming that the post-pandemic recovery in household balance sheets has been profoundly uneven. Households in the hardest-hit states may want to review their rights under federal debt collection laws as delinquency pressures mount.

Change in CC Delinquency Rate, 2019 to 2025 (Top 15, percentage points)

Source: NY Fed Consumer Credit Panel / Equifax. Q4 2019 vs Q4 2025.

All States: Credit Card Delinquency Rates

Credit card delinquency rates for all 50 states and the District of Columbia, ranked highest to lowest. States in red exceed the 10% threshold — the level the ADI uses to classify a state as being in credit distress.

Rank State Q4 2025 Q4 2024 Q4 2019 Change (2019-2025)
1 Nevada 16.3% 14.5% 11.5% +4.8pp
2 Florida 14.9% 13.5% 10.5% +4.4pp
3 Louisiana 14.2% 12.9% 8.6% +5.6pp
4 Texas 14.2% 13.0% 9.2% +5.0pp
5 Georgia 13.9% 12.5% 8.3% +5.6pp
6 Arkansas 13.8% 12.5% 9.7% +4.1pp
7 West Virginia 13.7% 12.4% 8.1% +5.6pp
8 Arizona 13.7% 12.1% 10.4% +3.3pp
9 Mississippi 13.4% 12.5% 9.5% +3.9pp
10 South Carolina 13.4% 12.1% 8.2% +5.2pp
11 Oklahoma 13.3% 12.2% 8.9% +4.4pp
12 California 13.2% 12.0% 8.7% +4.5pp
13 New York 12.9% 12.0% 9.0% +3.9pp
14 North Carolina 12.5% 11.3% 8.2% +4.3pp
15 Pennsylvania 12.3% 11.4% 8.0% +4.4pp
16 Alabama 12.2% 11.2% 8.4% +3.9pp
17 Delaware 12.2% 11.3% 8.6% +3.7pp
18 New Mexico 11.9% 10.6% 9.0% +2.9pp
19 Kentucky 11.8% 10.9% 7.8% +4.0pp
20 Indiana 11.7% 10.7% 7.0% +4.7pp
21 Maryland 11.7% 10.4% 7.4% +4.2pp
22 Illinois 11.6% 10.4% 6.6% +5.0pp
23 Tennessee 11.6% 10.5% 7.8% +3.8pp
24 New Jersey 11.4% 10.4% 7.5% +3.9pp
25 Rhode Island 11.4% 10.4% 8.1% +3.3pp
26 Missouri 11.3% 10.7% 7.7% +3.7pp
27 Michigan 11.3% 10.5% 6.9% +4.4pp
28 District of Columbia 11.2% 10.8% 6.5% +4.6pp
29 Ohio 11.1% 10.4% 7.4% +3.7pp
30 Colorado 11.1% 9.8% 6.5% +4.6pp
31 Kansas 10.7% 9.9% 6.4% +4.3pp
32 Wyoming 10.5% 9.1% 7.5% +3.0pp
33 Connecticut 10.5% 9.9% 7.1% +3.5pp
34 Massachusetts 10.3% 9.6% 7.2% +3.1pp
35 Iowa 10.3% 9.6% 7.0% +3.3pp
36 Hawaii 10.2% 9.4% 7.2% +3.0pp
37 Virginia 9.8% 8.9% 6.6% +3.3pp
38 New Hampshire 9.8% 8.9% 6.6% +3.2pp
39 Maine 9.8% 8.8% 6.2% +3.6pp
40 Alaska 9.8% 9.2% 6.6% +3.2pp
41 Montana 9.8% 8.7% 7.0% +2.7pp
42 Nebraska 9.8% 9.2% 6.7% +3.1pp
43 Idaho 9.5% 8.8% 6.8% +2.7pp
44 Oregon 9.5% 8.5% 6.3% +3.2pp
45 Utah 9.4% 7.9% 5.8% +3.6pp
46 Washington 9.3% 8.3% 5.8% +3.5pp
47 South Dakota 9.1% 8.8% 6.3% +2.8pp
48 North Dakota 9.0% 8.1% 5.6% +3.4pp
49 Vermont 9.0% 8.1% 5.8% +3.2pp
50 Minnesota 8.6% 7.9% 6.1% +2.5pp
51 Wisconsin 8.0% 7.6% 5.5% +2.6pp
National Average 12.4% 11.2% 8.1% +4.2pp

Auto Loan Delinquency by State (Top 15)

Auto loan delinquency follows the same geographic fault lines, with the Sun Belt and Southern states dominating the worst-performing list. The correlation matters: auto loans sit higher in the default hierarchy than credit cards. Borrowers sacrifice credit card payments before they risk losing a vehicle. When a state shows elevated delinquency in both categories simultaneously, it signals that households have already burned through the buffer that typically separates credit card trouble from broader financial collapse — what the ADI calls the two-economy problem. Major nonbank servicers like Rocket Mortgage, Freedom Mortgage, and Caliber Home Loans have concentrated portfolios in high-delinquency Sun Belt states — see servicer profiles for state-level complaint breakdowns.

Rank State Auto Delinq Q4 2025 CC Delinq Q4 2025
1 District of Columbia 13.6% 11.2%
2 Mississippi 7.7% 13.4%
3 Georgia 7.0% 13.9%
4 Alabama 6.5% 12.2%
5 Louisiana 6.5% 14.2%
6 Indiana 6.3% 11.7%
7 Michigan 6.3% 11.3%
8 South Carolina 6.2% 13.4%
9 Nevada 6.2% 16.3%
10 Delaware 6.1% 12.2%
11 New Mexico 6.1% 11.9%
12 North Carolina 6.1% 12.5%
13 Maryland 6.0% 11.7%
14 Texas 5.8% 14.2%
15 Tennessee 5.7% 11.6%

Total Household Debt Per Capita by State (Top 15)

Per-capita debt alone is a weak distress signal. States with expensive housing markets — California, DC, Hawaii — carry high mortgage balances but often have lower delinquency rates, because those borrowers qualified under stringent underwriting. The concerning combination is high leverage and high delinquency: states like Florida and Texas, where households carry substantial debt loads and are increasingly unable to service them. Explore individual state financial distress profiles for the full picture, including foreclosure law summaries and local help resources.

Rank State Total Debt/Capita CC Delinq Rate
1 District of Columbia $102k 11.2%
2 Colorado $93k 11.1%
3 California $88k 13.2%
4 Washington $86k 9.3%
5 Hawaii $83k 10.2%
6 Utah $83k 9.4%
7 Maryland $81k 11.7%
8 Massachusetts $77k 10.3%
9 Virginia $77k 9.8%
10 Nevada $71k 16.3%
11 Arizona $71k 13.7%
12 Oregon $70k 9.5%
13 New Jersey $70k 11.4%
14 Alaska $69k 9.8%
15 Idaho $69k 9.5%

Data Sources and Methodology

NY Fed Consumer Credit Panel

All state-level data on this page comes from the NY Fed's nationally representative 5% sample of Equifax credit reports. State figures represent Q4 (year-end) snapshots, published annually by the Federal Reserve Bank of New York. Delinquency = balances 90+ days past due as % of total balances.

Per-Capita Methodology

Per-capita figures are computed using the adult population with a credit file, not total state population. This matters: states with younger populations or more unbanked residents may undercount true debt burden. The ADI tracks geographic spread via The Spread indicator.

Citation

State Level Household Debt Statistics 2003-2025, Federal Reserve Bank of New York, February 2026 For national consumer debt trends across all categories, see the Consumer Debt Statistics 2026 roundup page.

Frequently Asked Questions

Which state has the highest credit card delinquency rate?

Nevada leads with a 16.3% credit card delinquency rate as of Q4 2025, followed by Florida (14.9%) and Louisiana (14.2%). The top states share a common profile: Sun Belt or Deep South, fast-growing populations, and wages that lag coastal metros.

What is the average credit card delinquency rate in the U.S.?

The national average credit card delinquency rate is 12.4% as of Q4 2025 (balances 90+ days past due). This is up from 8.1% in Q4 2019 — an increase of +4.2 percentage points. But state-level variation is enormous, ranging from under 6% in some states to over 14% in the worst.

How does credit card debt vary by state?

Credit card distress is geographically concentrated in the Sun Belt and Deep South — states where rapid population growth, rising housing costs, and lower median wages have compressed household budgets. 36 out of 51 states now exceed the 10% delinquency threshold, compared to just 3 states in 2019.

What is the national credit card balance?

Total consumer debt per capita stands at $63k nationally as of Q4 2025. Per-capita debt alone is a weak distress signal — states with expensive housing markets carry high balances but often have lower delinquency rates. The concerning combination is high leverage and high delinquency simultaneously.

How does state-level consumer debt connect to the American Distress Index?

The ADI tracks geographic spread through The Spread indicator — currently at 36 states above the 10% credit card delinquency threshold. When distress is concentrated in a few states, it may reflect local conditions. When two-thirds of states cross the threshold simultaneously, the explanation is structural, and the parallel to pre-GFC mortgage distress patterns becomes harder to dismiss.

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If you're struggling with debt or facing foreclosure, free help is available. Find help near you · Browse the Glossary · The U.S. Department of Housing and Urban Development provides HUD-approved housing counselors at no cost. You can also call 1-800-569-4287.