Tuesday, April 23, 2013

How Much Debt?

The 69 percent majority of American households are in debt, owing a median of $70,000 in 2011. Here is the distribution of the nation's households by how much they owe...

Debt free: 31.0%
Less than $5,000: 9.2%
$5,000 to $9,999: 5.0%
$10,000 to $24,999: 8.9%
$25,000 to $49,999: 7.1%
$50,000 to $99,999: 10.3%
$100,000 to $249,999: 18.6%
$250,000 to $499,999: 7.7%
$500,000 or more: 2.2%

Source: Census Bureau, Debt of Households: 2011

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