The total average debt of Baby Boomers in the United States amounted to nearly 94,880 U.S. dollars in 2023. Debt balances, however, varied greatly according to the generation. The Generation X held the highest debt on average (157,560 U.S. dollars), while generation Z held the lowest average debt (nearly 29,820 U.S. dollars).
Total average debt in the United States in 2023, by generation
(in 1,000 U.S. dollars)
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Experian. (February 14, 2024). Total average debt in the United States in 2023, by generation (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/468600/average-debt-and-bankcard-balance-usa-by-generation/
Experian. "Total average debt in the United States in 2023, by generation (in 1,000 U.S. dollars)." Chart. February 14, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/468600/average-debt-and-bankcard-balance-usa-by-generation/
Experian. (2024). Total average debt in the United States in 2023, by generation (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/468600/average-debt-and-bankcard-balance-usa-by-generation/
Experian. "Total Average Debt in The United States in 2023, by Generation (in 1,000 U.S. Dollars)." Statista, Statista Inc., 14 Feb 2024, https://www.statista.com/statistics/468600/average-debt-and-bankcard-balance-usa-by-generation/
Experian, Total average debt in the United States in 2023, by generation (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/468600/average-debt-and-bankcard-balance-usa-by-generation/ (last visited December 21, 2024)
Total average debt in the United States in 2023, by generation (in 1,000 U.S. dollars) [Graph], Experian, February 14, 2024. [Online]. Available: https://www.statista.com/statistics/468600/average-debt-and-bankcard-balance-usa-by-generation/
