Key points
- Average credit card debt in America is $7,951, based on 2022 data from the Federal Reserve and the U.S. Census Bureau.
- Credit card debt varies due to age/income/other factors, but only makes up a fraction of personal debt. The average consumer’s debt in America is $95,067.
- Generation X possesses the most credit card debt on average. The average Gen X individual has $8,134 in credit card debt.
- Alaskans have accrued the most credit card debt, with an average balance of $7,338.
- Men and women possess roughly the same amount of credit card debt.
Here’s what you need to know about the average credit card debt, how it relates to overall personal debt and what you can do to tackle yours.
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