Friday, April 26, 2013

Debt Free by Age

Overall, only 31 percent of American households are free of debt. Here is the percentage of households without debt by age of householder...

Households without debt
Under age 35: 27.8%
Aged 35 to 44: 20.4%
Aged 45 to 54: 21.1%
Aged 55 to 64: 27.0%
Aged 65 to 69: 39.6%
Aged 70 to 74: 47.2%
Aged 75-plus: 69.3%

Source: Census Bureau, Debt of Households: 2011

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