US FinanceFounding Archive
How much credit card debt do Americans have in total?
Americans owed $1.21 trillion in credit card debt at the end of 2024 — a record high. That is up $81 billion in one year, and up more than 40% from the pandemic-era low in early 2021.
Source: Federal Reserve Bank of New York — Household Debt and Credit — Q4 2024
Last updated: October 29, 2026
US FinanceFounding Archive
What is the average credit card balance in the US?
The average balance per cardholder was $6,501 in late 2024. The median balance is much lower — about $3,000 to $4,000 — because a smaller number of high balances pulls the average up.
Source: TransUnion / Federal Reserve Bank of New York — Q3 2024
Last updated: October 29, 2026
US FinanceFounding ArchiveOriginal Research
How big is the average credit card balance compared with median income? — Original Research
The average cardholder balance ($6,501) equals about 7.8% of the median household income ($83,730). This site calculated that ratio from the two sourced figures above so you can compare debt and income in one number. It is this archive's own calculation, not a figure published by the Fed or Census.
Source: US Questions and Answers — Original Calculation (from NY Fed / TransUnion + Census figures above) — Calculated Oct. 2026 from 2024 data
Last updated: October 29, 2026
US Finance
How much total household debt do Americans have?
Americans had $18.39 trillion in total household debt in the second quarter of 2025, up $185 billion from the previous quarter. Mortgage balances were the largest part at $12.94 trillion, followed by auto loans at $1.66 trillion and student loans at $1.64 trillion.
Source: Federal Reserve Bank of New York — Household Debt and Credit — Q2 2025
Last updated: October 29, 2026
US Finance
What is the median net worth of an American family?
The median U.S. family net worth was $192,900 in 2022. The average (mean) was much higher at $1,063,700, because a smaller number of very wealthy families pull the average up. The median rose 37% after inflation from 2019 to 2022.
Source: Federal Reserve, Survey of Consumer Finances — 2023-10
Last updated: October 29, 2026
US Finance
What percentage of Americans own stock?
62% of U.S. adults own stock in 2025, either directly or through mutual funds and retirement accounts like a 401(k). That matches 2024 and is near the highest level Gallup has recorded.
Source: Gallup — 2025
Last updated: October 29, 2026
US Finance
What is the average student loan debt per borrower in the United States?
The average federal student loan balance was $37,850 per borrower at the end of 2024. In total, 42.8 million borrowers owed $1.77 trillion in federal student loans.
Source: U.S. Department of Education, Federal Student Aid — 2024-Q4
Last updated: October 29, 2026
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How much credit card debt do Americans have?
Credit card balances totaled $1.21 trillion in the second quarter of 2025. Balances rose by $27 billion during the quarter and were 5.87% above the level a year earlier.
Source: Federal Reserve Bank of New York — Q2 2025
Last updated: October 30, 2026
US FinanceNew today
How much household debt do Americans have?
Total household debt stood at $18.39 trillion in the second quarter of 2025. Balances rose by $185 billion in that quarter and were $4.24 trillion higher than at the end of 2019.
Source: Federal Reserve Bank of New York — Q2 2025
Last updated: October 30, 2026
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What percentage of Americans could cover a $400 emergency expense with cash?
63 percent of U.S. adults said they would cover a hypothetical $400 emergency expense using cash or its equivalent, such as savings or a credit card paid off at the next statement. The other 37 percent would have to borrow money, sell something, or would not be able to pay at all.
Source: Federal Reserve Board — 2024
Last updated: October 30, 2026
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What percentage of Americans say they are doing okay financially?
73 percent of U.S. adults said they were doing okay financially or living comfortably, about the same as the year before but below the high of 78 percent in 2021. Only 26 percent rated the national economy as good or excellent.
Source: Federal Reserve Board — 2025
Last updated: October 30, 2026
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What is the average 401(k) balance in the United States?
The average 401(k) balance at Fidelity reached $146,400 at the end of 2025, up more than 11 percent for the year. It was the third straight year of double-digit growth in average balances.
Source: Fidelity Investments — Q4 2025
Last updated: October 30, 2026
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How many Americans have at least $1 million in a 401(k)?
A record 665,000 Fidelity 401(k) account holders had balances of at least $1 million at the end of 2025. That was up from 512,000 in the first quarter of the year.
Source: Fidelity Investments — Q4 2025
Last updated: October 30, 2026
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What is the average IRA balance in the United States?
The average individual retirement account (IRA) balance at Fidelity was $137,095 in the fourth quarter of 2025, up 7 percent from a year earlier. IRA contributions in that quarter hit a record high.
Source: Fidelity Investments — Q4 2025
Last updated: October 30, 2026
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What is the personal saving rate in the United States?
The personal saving rate was 4.7 percent in September 2025, meaning Americans saved 4.7 percent of their disposable personal income. Total personal saving that month was $1.09 trillion.
Source: U.S. Bureau of Economic Analysis — September 2025
Last updated: October 30, 2026
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What is the average tax refund in the United States?
The average federal income tax refund was $3,167 for the 2025 filing season. About 104 million taxpayers received refunds, out of more than 165 million individual returns processed.
Source: Internal Revenue Service — 2025
Last updated: October 30, 2026