US Households Owed an Average of $152,653 at the End of Q2 2025: Report

Contact Your Elected Officials

Two out of every five American households in a survey said that debt was a source of conflict in their homes.

The average household in the United States had $152,653 in debt by the end of the second quarter of 2025, financial services company WalletHub said in an Aug. 5 report.

At $152,653, the debt owed by a household is just $13,809 shy of the all-time high, it said.

The figures are based on data from the Federal Reserve Bank of New York, which reported in an Aug. 5 statement that the total household debt in the country stood at $18.39 trillion in Q2, up by 1 percent from the previous quarter.

Mortgage accounted for the largest portion of the debt at $12.94 trillion. This was followed by auto debts of $1.65 trillion, $1.63 trillion in student loans, and credit card debt at $1.20 trillion.

โ€œDespite the recent uptick in mortgage delinquency, overall mortgage performance remains strong by historical standards,โ€ said Joelle Scally, Economic Policy Adviser at the New York Fed.

WalletHub calculated the average household debt to adjust for inflation, โ€œas it accurately shows how debt compares to historical levels,โ€ it said.

The ratio of total household debt to household deposits is 23 percent below the historical average and roughly 47 percent lower than the peak hit in the early 2000s, according to the company. A lower ratio indicates households have enough deposits to cover their debts compared to historical averages.

WalletHub said the ratio โ€œindicates consumers are in a stable positionโ€ based on its analysis.

Mortgages represented the highest amount of debt held by average U.S. households in Q2 at $107,384. This was followed by auto loans at $13,739, student loans at $13,598, and credit card debt of $10,037.

WalletHubโ€™s household financial analysis was published the same day the company released the results of its household debt survey, which was conducted among 200 individuals.

Many people expressed concern about their debt situation and the future of the economy. According to the survey, โ€œ44 percent of people expect their household debt to increase in the next 12 months.โ€

In addition, โ€œmore than half of Americans say their household is struggling with debt.โ€ Nearly two out of every five households said that debt was a source of conflict in their homes.

โ€œMore than two in three people say the economy is not doing as well as they thought it would be,โ€ the survey said, adding that โ€œ55 percent of Americans think theyโ€™ll still have debt when they die.โ€

More than one in five Americans said the preferential treatment given to student loan borrowers in the past five years was unfair.

By Naveen Athrappully

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Hereโ€™s What the USโ€™ Security Guarantees For Ukraine Might Look Like

Western security guarantees for Ukraine are one of the main issues delaying a political resolution to the conflict. Russia launched its SMO primarily in response to NATO-emanating threats from Ukraine.

The Cost of Anger

I will not write much here. There are no words I can say. I only wish to remember those forgotten casualties, the unseen cost of the current antagonism in America.

Another Mass Trans Shooter Not to be Discussed

Robin (Robert) Westman was identified by police as the suspect behind a shooting at a Catholic school that left two children dead and 17 others injured.

AI Techno-Hell Roundup: The Birds and the Bees

In addition to total supplantation of human labor, AI is also doing a number on homo sapiensโ€™ psychological welfare โ€” seducing lonely techno-serfs.

Flagged for Burning

Trump ordered AG to enforce laws against flag desecration focusing on flag burning linked to violent crimes, property destruction or other illegal activities.

TransUnion Reports Data Breach Affecting 4 Million American Consumers

TransUnion LLC, Chicago-based credit-reporting firm, announced a data breach involving personal information of 4.4 million consumers throughout the US.

Trump Suggests Holding Republican National Convention in 2026

President Trump may call on the RNC to host a Convention midway through his presidential term, sometime before congressional elections in 2026.

US Economy Grew 3.3 Percent In Q2, Beating Prior Estimate

U.S. economy expanded at a 3.3% annualized pace in second quarter of 2025 with rate of growth exceeding earlier estimate and signaling economic strength.

DC Prosecutors Unable to Indict Man Who Threw Sandwich at Federal Agent, AP Reports

Prosecutors in Washington were unable to secure a felony indictment against a man who was seen on camera throwing a sandwich at a federal law official.

Trump Says He Will Protect Social Security Amid Potential Congressional Cost-Cutting Proposals

Trump said his admin will protect Social Security and Medicaid, when asked which programs he would want to see cut in a congressional reconciliation bill.

DHS Proposes Revamp of Student and Exchange Visas, Citing Fraud and Abuse

The Dept of Homeland Security on Aug. 27 posted a draft version of proposed changes to temporary visas for overseas students and exchange visitors.

Trumpโ€™s 50 Percent Tariff on India Takes Effect

President Trumpโ€™s additional 25% tariff on India became effective at midnight on Aug. 27, bringing the total rate to 50% on many imports entering the US.

RFK Jr. Says HHS Will Disclose Causes of Autism in September

During a cabinet meeting Secretary of Health and Human Services Robert F. Kennedy Jr. vowed to announce the causes of autism by September.
spot_img

Related Articles