Consumer debt is about as American as baseball. As people in the U.S. get older, the hope is that their debt balances will shrink as their incomes expand. In reality, those debt balances often transform over time — increasing or decreasing but mostly changing in type.
Researchers examined more than 3 million anonymized credit reports from LendingTree users in the 100 largest U.S. metros to compare how Baby Boomers carry debt and where consumers have the highest balances.
Image Credit: istockphoto / yacobchuk.
Baby boomers aren’t done with debt yet
The wealthiest generation still has their fair share of debts to pay off, as an average of 92.9% of baby boomers in the largest metros owe non-mortgage debt. The oldest consumers analyzed here hold slightly more non-mortgage debt ($28,672) than millennials but less than Gen Xers.
Image Credit: Deposit Photos.
100. Milwaukee
- Median non-mortgage debt: $19,793
- Percentage with non-mortgage debt: 91.30%
- Median credit card debt: $3,358
- Percentage with credit card debt: 77.80%
- Median auto debt: $14,834
- Percentage with auto debt: 43.20%
- Median student loan debt: $28,341
- Percentage with student loan debt: 13.10%
Image Credit: DepositPhotos.com.
99. Madison, Wisconsin
- Median non-mortgage debt: $20,679
- Percentage with non-mortgage debt: 92.00%
- Median credit card debt: $3,263
- Percentage with credit card debt: 80.60%
- Median auto debt: $15,280
- Percentage with auto debt: 43.80%
- Median student loan debt: $23,279
- Percentage with student loan debt: 10.50%
Image Credit: DepositPhotos.com.
98. San Francisco
- Median non-mortgage debt: $21,453
- Percentage with non-mortgage debt: 91.00%
- Median credit card debt: $4,407
- Percentage with credit card debt: 83.00%
- Median auto debt: $15,884
- Percentage with auto debt: 36.00%
- Median student loan debt: $31,332
- Percentage with student loan debt: 9.80%
Image Credit: DepositPhotos.com.
97. Wichita, Kansas
- Median non-mortgage debt: $21,520
- Percentage with non-mortgage debt: 91.30%
- Median credit card debt: $3,427
- Percentage with credit card debt: 74.40%
- Median auto debt: $17,745
- Percentage with auto debt: 46.20%
- Median student loan debt: $17,705
- Percentage with student loan debt: 11.70%
Image Credit: Deposit Photos.
96. Chicago
- Median non-mortgage debt: $21,646
- Percentage with non-mortgage debt: 91.10%
- Median credit card debt: $3,777
- Percentage with credit card debt: 80.70%
- Median auto debt: $16,606
- Percentage with auto debt: 41.80%
- Median student loan debt: $33,329
- Percentage with student loan debt: 14.20%
Image Credit: DepositPhotos.com.
95. San Jose, California
- Median non-mortgage debt: $21,917
- Percentage with non-mortgage debt: 91.30%
- Median credit card debt: $4,376
- Percentage with credit card debt: 84.00%
- Median auto debt: $16,286
- Percentage with auto debt: 36.00%
- Median student loan debt: $31,708
- Percentage with student loan debt: 8.70%
Image Credit: DepositPhotos.com.
94. Fresno, California
- Median non-mortgage debt: $22,542
- Percentage with non-mortgage debt: 88.90%
- Median credit card debt: $3,698
- Percentage with credit card debt: 77.20%
- Median auto debt: $19,212
- Percentage with auto debt: 44.20%
- Median student loan debt: $26,165
- Percentage with student loan debt: 10.20%
Image Credit: StellaMc / istockphoto.
93. Springfield, Massachusetts
- Median non-mortgage debt: $22,679
- Percentage with non-mortgage debt: 92.70%
- Median credit card debt: $3,803
- Percentage with credit card debt: 82.00%
- Median auto debt: $14,499
- Percentage with auto debt: 49.20%
- Median student loan debt: $24,719
- Percentage with student loan debt: 14.40%
Image Credit: Sean Pavone/istockphoto.
92. Sacramento, California
- Median non-mortgage debt: $22,792
- Percentage with non-mortgage debt: 89.60%
- Median credit card debt: $3,971
- Percentage with credit card debt: 80.10%
- Median auto debt: $16,843
- Percentage with auto debt: 42.00%
- Median student loan debt: $27,436
- Percentage with student loan debt: 11.00%
Image Credit: DepositPhotos.com.
91. Grand Rapids, Michigan
- Median non-mortgage debt: $22,824
- Percentage with non-mortgage debt: 93.00%
- Median credit card debt: $3,001
- Percentage with credit card debt: 79.20%
- Median auto debt: $14,415
- Percentage with auto debt: 43.20%
- Median student loan debt: $28,110
- Percentage with student loan debt: 14.50%
Image Credit: depositphotos.com.
90. Providence, Rhode Island
- Median non-mortgage debt: $22,897
- Percentage with non-mortgage debt: 93.50%
- Median credit card debt: $4,085
- Percentage with credit card debt: 85.00%
- Median auto debt: $14,720
- Percentage with auto debt: 48.00%
- Median student loan debt: $25,347
- Percentage with student loan debt: 14.00%
Image Credit: istockphoto.
89. Portland, Oregon
- Median non-mortgage debt: $23,007
- Percentage with non-mortgage debt: 91.50%
- Median credit card debt: $3,703
- Percentage with credit card debt: 81.00%
- Median auto debt: $16,905
- Percentage with auto debt: 39.10%
- Median student loan debt: $31,821
- Percentage with student loan debt: 12.50%
Image Credit: DepositPhotos.com.
88. Knoxville, Tennessee
- Median non-mortgage debt: $23,413
- Percentage with non-mortgage debt: 92.30%
- Median credit card debt: $3,890
- Percentage with credit card debt: 74.60%
- Median auto debt: $18,981
- Percentage with auto debt: 48.10%
- Median student loan debt: $25,056
- Percentage with student loan debt: 9.80%
Image Credit: DepositPhotos.com.
87. New Orleans
- Median non-mortgage debt: $23,609
- Percentage with non-mortgage debt: 89.00%
- Median credit card debt: $4,413
- Percentage with credit card debt: 73.80%
- Median auto debt: $19,150
- Percentage with auto debt: 44.60%
- Median student loan debt: $33,231
- Percentage with student loan debt: 12.20%
Image Credit: DepositPhotos.com.
86. Boston
- Median non-mortgage debt: $23,718
- Percentage with non-mortgage debt: 92.50%
- Median credit card debt: $4,391
- Percentage with credit card debt: 83.80%
- Median auto debt: $14,668
- Percentage with auto debt: 45.80%
- Median student loan debt: $30,670
- Percentage with student loan debt: 15.30%
Image Credit: DepositPhotos.com.
85. Nashville
- Median non-mortgage debt: $23,804
- Percentage with non-mortgage debt: 90.50%
- Median credit card debt: $3,946
- Percentage with credit card debt: 75.20%
- Median auto debt: $18,412
- Percentage with auto debt: 45.50%
- Median student loan debt: $25,928
- Percentage with student loan debt: 12.80%
Image Credit: istockphoto/Vito Palmisano.
84. Oxnard, California
- Median non-mortgage debt: $23,917
- Percentage with non-mortgage debt: 91.20%
- Median credit card debt: $4,749
- Percentage with credit card debt: 81.50%
- Median auto debt: $17,467
- Percentage with auto debt: 43.80%
- Median student loan debt: $36,442
- Percentage with student loan debt: 10.20%
Image Credit: DepositPhotos.com.
83. Stockton, California
- Median non-mortgage debt: $24,395
- Percentage with non-mortgage debt: 89.10%
- Median credit card debt: $3,574
- Percentage with credit card debt: 76.00%
- Median auto debt: $17,912
- Percentage with auto debt: 44.30%
- Median student loan debt: $27,674
- Percentage with student loan debt: 10.90%
Image Credit: LPS.1.
82. Los Angeles
- Median non-mortgage debt: $24,581
- Percentage with non-mortgage debt: 90.90%
- Median credit card debt: $4,213
- Percentage with credit card debt: 81.30%
- Median auto debt: $16,234
- Percentage with auto debt: 42.80%
- Median student loan debt: $32,981
- Percentage with student loan debt: 11.60%
Image Credit: DepositPhotos.com.
81. Chattanooga, Tennessee
- Median non-mortgage debt: $24,748
- Percentage with non-mortgage debt: 91.70%
- Median credit card debt: $3,748
- Percentage with credit card debt: 74.60%
- Median auto debt: $19,997
- Percentage with auto debt: 46.50%
- Median student loan debt: $24,990
- Percentage with student loan debt: 12.20%
Image Credit: Kruck20 / istockphoto.
80. Louisville, Kentucky
- Median non-mortgage debt: $24,822
- Percentage with non-mortgage debt: 93.70%
- Median credit card debt: $3,700
- Percentage with credit card debt: 79.70%
- Median auto debt: $16,145
- Percentage with auto debt: 43.20%
- Median student loan debt: $29,244
- Percentage with student loan debt: 12.10%
Image Credit: istockphoto/alexeys.
79. Baton Rouge, Louisiana
- Median non-mortgage debt: $24,844
- Percentage with non-mortgage debt: 90.10%
- Median credit card debt: $3,918
- Percentage with credit card debt: 72.50%
- Median auto debt: $19,901
- Percentage with auto debt: 49.10%
- Median student loan debt: $22,333
- Percentage with student loan debt: 11.90%
Image Credit: benkrut / istockphoto.
78. Worcester, Massachusetts
- Median non-mortgage debt: $24,847
- Percentage with non-mortgage debt: 92.20%
- Median credit card debt: $4,336
- Percentage with credit card debt: 81.70%
- Median auto debt: $16,036
- Percentage with auto debt: 51.20%
- Median student loan debt: $28,104
- Percentage with student loan debt: 14.50%
Image Credit: DepositPhotos.com.
77. San Diego
- Median non-mortgage debt: $24,863
- Percentage with non-mortgage debt: 90.40%
- Median credit card debt: $4,301
- Percentage with credit card debt: 80.50%
- Median auto debt: $16,679
- Percentage with auto debt: 42.70%
- Median student loan debt: $26,913
- Percentage with student loan debt: 11.30%
Image Credit: DepositPhotos.com.
76. Kansas City, Missouri
- Median non-mortgage debt: $24,882
- Percentage with non-mortgage debt: 93.10%
- Median credit card debt: $3,859
- Percentage with credit card debt: 81.00%
- Median auto debt: $17,334
- Percentage with auto debt: 45.60%
- Median student loan debt: $30,607
- Percentage with student loan debt: 14.20%
Image Credit: DepositPhotos.com.
75. Hartford, Connecticut
- Median non-mortgage debt: $25,138
- Percentage with non-mortgage debt: 93.30%
- Median credit card debt: $4,621
- Percentage with credit card debt: 84.40%
- Median auto debt: $14,637
- Percentage with auto debt: 48.40%
- Median student loan debt: $28,595
- Percentage with student loan debt: 17.30%
Image Credit: DepositPhotos.com.
74. New Haven, Connecticut
- Median non-mortgage debt: $25,160
- Percentage with non-mortgage debt: 91.90%
- Median credit card debt: $4,664
- Percentage with credit card debt: 82.50%
- Median auto debt: $14,379
- Percentage with auto debt: 48.40%
- Median student loan debt: $27,523
- Percentage with student loan debt: 17.50%
Image Credit: .
73. Los Angeles
- Median non-mortgage debt: $25,320
- Percentage with non-mortgage debt: 90.00%
- Median credit card debt: $3,809
- Percentage with credit card debt: 77.30%
- Median auto debt: $19,135
- Percentage with auto debt: 45.20%
- Median student loan debt: $26,700
- Percentage with student loan debt: 11.00%
Image Credit: DepositPhotos.com.
72. Harrisburg, Pennsylvania
- Median non-mortgage debt: $25,513
- Percentage with non-mortgage debt: 92.40%
- Median credit card debt: $3,860
- Percentage with credit card debt: 80.00%
- Median auto debt: $16,385
- Percentage with auto debt: 50.80%
- Median student loan debt: $27,206
- Percentage with student loan debt: 14.50%
Image Credit: Sean Pavone / istockphoto.
71. Detroit
- Median non-mortgage debt: $25,671
- Percentage with non-mortgage debt: 93.60%
- Median credit card debt: $3,623
- Percentage with credit card debt: 82.90%
- Median auto debt: $12,882
- Percentage with auto debt: 52.00%
- Median student loan debt: $32,011
- Percentage with student loan debt: 14.50%
Image Credit: DepositPhotos.com.
70. New York City
- Median non-mortgage debt: $25,714
- Percentage with non-mortgage debt: 94.10%
- Median credit card debt: $4,670
- Percentage with credit card debt: 86.60%
- Median auto debt: $14,300
- Percentage with auto debt: 44.10%
- Median student loan debt: $33,196
- Percentage with student loan debt: 14.50%
Image Credit: DepositPhotos.com.
69. Allentown, Pennsylvania
- Median non-mortgage debt: $25,772
- Percentage with non-mortgage debt: 92.60%
- Median credit card debt: $3,905
- Percentage with credit card debt: 81.10%
- Median auto debt: $15,813
- Percentage with auto debt: 51.60%
- Median student loan debt: $30,330
- Percentage with student loan debt: 14.70%
Image Credit: Ultima_Gaina / istockphoto.
68. Bakersfield, California
- Median non-mortgage debt: $25,924
- Percentage with non-mortgage debt: 88.90%
- Median credit card debt: $3,555
- Percentage with credit card debt: 74.30%
- Median auto debt: $19,979
- Percentage with auto debt: 48.10%
- Median student loan debt: $25,357
- Percentage with student loan debt: 9.30%
Image Credit: DepositPhotos.com.
67. Buffalo, New York
- Median non-mortgage debt: $26,014
- Percentage with non-mortgage debt: 95.80%
- Median credit card debt: $3,852
- Percentage with credit card debt: 85.90%
- Median auto debt: $13,746
- Percentage with auto debt: 54.80%
- Median student loan debt: $21,536
- Percentage with student loan debt: 14.80%
Image Credit: istockphoto/Hsa_Htaw.
66. Salt Lake City, Utah
- Median non-mortgage debt: $26,083
- Percentage with non-mortgage debt: 91.10%
- Median credit card debt: $3,797
- Percentage with credit card debt: 78.70%
- Median auto debt: $17,309
- Percentage with auto debt: 44.10%
- Median student loan debt: $21,922
- Percentage with student loan debt: 8.10%
Image Credit: DepositPhotos.com.
65. Cleveland
- Median non-mortgage debt: $26,114
- Percentage with non-mortgage debt: 94.10%
- Median credit card debt: $3,407
- Percentage with credit card debt: 83.80%
- Median auto debt: $14,425
- Percentage with auto debt: 50.40%
- Median student loan debt: $28,336
- Percentage with student loan debt: 14.30%
Image Credit: DepositPhotos.com.
64. Scranton, Pennsylvania
- Metro Scranton, PA
- Median non-mortgage debt: $26,123
- Percentage with non-mortgage debt: 93.00%
- Median credit card debt: $3,836
- Percentage with credit card debt: 79.70%
- Median auto debt: $15,088
- Percentage with auto debt: 52.10%
- Median student loan debt: $22,190
- Percentage with student loan debt: 15.80%
Image Credit: Christopher Seliga .
Tie- 62. Tucson, Arizona
- Median non-mortgage debt: $26,393
- Percentage with non-mortgage debt: 92.90%
- Median credit card debt: $3,658
- Percentage with credit card debt: 83.00%
- Median auto debt: $19,007
- Percentage with auto debt: 42.80%
- Median student loan debt: $26,455
- Percentage with student loan debt: 11.50%
Image Credit: Sean Pavone / iStock.
Tie- 62. St. Louis, Missouri
- Median non-mortgage debt: $26,393
- Percentage with non-mortgage debt: 93.90%
- Median credit card debt: $3,624
- Percentage with credit card debt: 80.70%
- Median auto debt: $16,840
- Percentage with auto debt: 47.80%
- Median student loan debt: $32,005
- Percentage with student loan debt: 14.30%
Image Credit: istockphoto.
61. Ogden, Utah
- Median non-mortgage debt: $26,729
- Percentage with non-mortgage debt: 92.30%
- Median credit card debt: $3,683
- Percentage with credit card debt: 80.00%
- Median auto debt: $17,578
- Percentage with auto debt: 48.10%
- Median student loan debt: $27,292
- Percentage with student loan debt: 6.90%
Image Credit: Scott Catron from Sandy, Utah, USA .
60. Des Moines, Iowa
- Median non-mortgage debt: $26,783
- Percentage with non-mortgage debt: 91.10%
- Median credit card debt: $3,839
- Percentage with credit card debt: 79.20%
- Median auto debt: $18,416
- Percentage with auto debt: 46.10%
- Median student loan debt: $27,046
- Percentage with student loan debt: 13.30%
Image Credit: dangarneau / istockphoto.
59. Omaha, Nebraska
- Median non-mortgage debt: $26,935
- Percentage with non-mortgage debt: 93.10%
- Median credit card debt: $3,867
- Percentage with credit card debt: 82.00%
- Median auto debt: $16,698
- Percentage with auto debt: 49.10%
- Median student loan debt: $27,670
- Percentage with student loan debt: 15.10%
Image Credit: Matt Bills / iStock.
58. Memphis
- Median non-mortgage debt: $27,003
- Percentage with non-mortgage debt: 91.70%
- Median credit card debt: $3,716
- Percentage with credit card debt: 76.50%
- Median auto debt: $19,720
- Percentage with auto debt: 47.10%
- Median student loan debt: $31,963
- Percentage with student loan debt: 14.50%
Image Credit: DepositPhotos.com.
57. Akron, Ohio
- Median non-mortgage debt: $27,025
- Percentage with non-mortgage debt: 93.80%
- Median credit card debt: $3,594
- Percentage with credit card debt: 82.20%
- Median auto debt: $14,305
- Percentage with auto debt: 49.90%
- Median student loan debt: $29,258
- Percentage with student loan debt: 13.70%
Image Credit: User:OHWiki .
56. Albany, New York
- Median non-mortgage debt: $27,210
- Percentage with non-mortgage debt: 96.10%
- Median credit card debt: $3,629
- Percentage with credit card debt: 87.10%
- Median auto debt: $15,163
- Percentage with auto debt: 51.90%
- Median student loan debt: $26,878
- Percentage with student loan debt: 14.00%
Image Credit: DepositPhotos.com.
55. Toledo, Ohio
- Median non-mortgage debt: $27,317
- Percentage with non-mortgage debt: 93.60%
- Median credit card debt: $3,342
- Percentage with credit card debt: 81.10%
- Median auto debt: $15,648
- Percentage with auto debt: 50.00%
- Median student loan debt: $33,901
- Percentage with student loan debt: 15.60%
Image Credit: Deposit Photos.
54. Minneapolis
- Median non-mortgage debt: $27,333
- Percentage with non-mortgage debt: 93.80%
- Median credit card debt: $3,865
- Percentage with credit card debt: 85.30%
- Median auto debt: $15,942
- Percentage with auto debt: 43.70%
- Median student loan debt: $27,705
- Percentage with student loan debt: 14.60%
Image Credit: DepositPhotos.com.
53. Riverside, California
- Median non-mortgage debt: $27,515
- Percentage with non-mortgage debt: 90.90%
- Median credit card debt: $4,029
- Percentage with credit card debt: 80.00%
- Median auto debt: $18,605
- Percentage with auto debt: 49.50%
- Median student loan debt: $29,752
- Percentage with student loan debt: 11.90%
Image Credit: DepositPhotos.com.
52. North Port, Florida
- Median non-mortgage debt: $27,586
- Percentage with non-mortgage debt: 95.00%
- Median credit card debt: $4,377
- Percentage with credit card debt: 88.00%
- Median auto debt: $18,080
- Percentage with auto debt: 49.10%
- Median student loan debt: $27,373
- Percentage with student loan debt: 8.70%
Image Credit: Rino Landa.
51. Provo, Utah
- Median non-mortgage debt: $27,611
- Percentage with non-mortgage debt: 92.40%
- Median credit card debt: $4,138
- Percentage with credit card debt: 81.00%
- Median auto debt: $20,961
- Percentage with auto debt: 44.90%
- Median student loan debt: $29,779
- Percentage with student loan debt: 9.40%
Image Credit: planetary_nebula / Wiki Commons.
50. Pittsburgh
- Median non-mortgage debt: $27,628
- Percentage with non-mortgage debt: 93.70%
- Median credit card debt: $3,933
- Percentage with credit card debt: 82.10%
- Median auto debt: $15,858
- Percentage with auto debt: 52.70%
- Median student loan debt: $29,941
- Percentage with student loan debt: 16.00%
Image Credit: istockphoto/f11photo.
49. Cincinnati
- Median non-mortgage debt: $27,740
- Percentage with non-mortgage debt: 94.20%
- Median credit card debt: $3,709
- Percentage with credit card debt: 82.40%
- Median auto debt: $16,223
- Percentage with auto debt: 46.60%
- Median student loan debt: $28,264
- Percentage with student loan debt: 13.50%
Image Credit: NatChittamai.
48. Syracuse, New York
- Median non-mortgage debt: $27,846
- Percentage with non-mortgage debt: 96.80%
- Median credit card debt: $3,532
- Percentage with credit card debt: 87.40%
- Median auto debt: $15,220
- Percentage with auto debt: 59.80%
- Median student loan debt: $23,704
- Percentage with student loan debt: 15.60%
Image Credit: DepositPhotos.com.
47. Philadelphia
- Median non-mortgage debt: $27,946
- Percentage with non-mortgage debt: 92.00%
- Median credit card debt: $4,201
- Percentage with credit card debt: 81.20%
- Median auto debt: $15,975
- Percentage with auto debt: 48.60%
- Median student loan debt: $32,966
- Percentage with student loan debt: 17.20%
Image Credit: DepositPhotos.com.
46. Rochester, New York
- Median non-mortgage debt: $28,085
- Percentage with non-mortgage debt: 96.20%
- Median credit card debt: $3,619
- Percentage with credit card debt: 86.60%
- Median auto debt: $13,998
- Percentage with auto debt: 54.20%
- Median student loan debt: $25,794
- Percentage with student loan debt: 15.90%
Image Credit: DepositPhotos.com.
45. Boise City, Idaho
- Median non-mortgage debt: $28,163
- Percentage with non-mortgage debt: 93.50%
- Median credit card debt: $3,525
- Percentage with credit card debt: 84.20%
- Median auto debt: $18,641
- Percentage with auto debt: 44.10%
- Median student loan debt: $26,678
- Percentage with student loan debt: 9.40%
Image Credit: DepositPhotos.com.
44. Deltona, Florida
- Median non-mortgage debt: $28,232
- Percentage with non-mortgage debt: 94.50%
- Median credit card debt: $3,795
- Percentage with credit card debt: 85.00%
- Median auto debt: $19,027
- Percentage with auto debt: 49.50%
- Median student loan debt: $25,691
- Percentage with student loan debt: 10.90%
Image Credit: Artystyk386.
43. Dayton, Ohio
- Median non-mortgage debt: $28,733
- Percentage with non-mortgage debt: 94.00%
- Median credit card debt: $3,447
- Percentage with credit card debt: 82.40%
- Median auto debt: $16,872
- Percentage with auto debt: 48.60%
- Median student loan debt: $28,775
- Percentage with student loan debt: 14.20%
Image Credit: Nicholas Smith / istockphoto.
42. Greenville, South Carolina
- Median non-mortgage debt: $28,917
- Percentage with non-mortgage debt: 94.80%
- Median credit card debt: $3,542
- Percentage with credit card debt: 79.70%
- Median auto debt: $17,594
- Percentage with auto debt: 45.50%
- Median student loan debt: $32,094
- Percentage with student loan debt: 12.20%
Image Credit: SeanPavonePhoto / istockphoto.
41. Albuquerque, New Mexico
- Median non-mortgage debt: $29,079
- Percentage with non-mortgage debt: 92.00%
- Median credit card debt: $3,377
- Percentage with credit card debt: 78.80%
- Median auto debt: $19,440
- Percentage with auto debt: 44.10%
- Median student loan debt: $30,788
- Percentage with student loan debt: 10.90%
Image Credit: DepositPhotos.com.
40. Honolulu
- Median non-mortgage debt: $29,198
- Percentage with non-mortgage debt: 90.70%
- Median credit card debt: $3,759
- Percentage with credit card debt: 80.90%
- Median auto debt: $17,028
- Percentage with auto debt: 30.60%
- Median student loan debt: $28,200
- Percentage with student loan debt: 9.20%
Image Credit: DepositPhotos.com.
39. Cape Coral, Florida
- Median non-mortgage debt: $29,349
- Percentage with non-mortgage debt: 94.20%
- Median credit card debt: $4,414
- Percentage with credit card debt: 87.10%
- Median auto debt: $17,603
- Percentage with auto debt: 52.30%
- Median student loan debt: $29,872
- Percentage with student loan debt: 10.00%
Image Credit: MatthiasOtt/istockphoto.
38. Tampa, Florida
- Median non-mortgage debt: $29,468
- Percentage with non-mortgage debt: 93.80%
- Median credit card debt: $4,112
- Percentage with credit card debt: 84.00%
- Median auto debt: $18,667
- Percentage with auto debt: 50.20%
- Median student loan debt: $28,245
- Percentage with student loan debt: 11.60%
Image Credit: Google Maps.
37. Bridgeport, Connecticut
- Median non-mortgage debt: $29,575
- Percentage with non-mortgage debt: 93.40%
- Median credit card debt: $5,586
- Percentage with credit card debt: 85.60%
- Median auto debt: $13,846
- Percentage with auto debt: 50.70%
- Median student loan debt: $39,943
- Percentage with student loan debt: 15.70%
Image Credit: DepositPhotos.com.
36. Oklahoma City, Oklahoma
- Median non-mortgage debt: $29,857
- Percentage with non-mortgage debt: 93.90%
- Median credit card debt: $3,897
- Percentage with credit card debt: 77.30%
- Median auto debt: $19,560
- Percentage with auto debt: 49.80%
- Median student loan debt: $26,999
- Percentage with student loan debt: 12.60%
Image Credit: DepositPhotos.com.
35. Winston-Salem, North Carolina
- Median non-mortgage debt: $29,971
- Percentage with non-mortgage debt: 93.90%
- Median credit card debt: $3,412
- Percentage with credit card debt: 80.60%
- Median auto debt: $17,952
- Percentage with auto debt: 46.90%
- Median student loan debt: $28,417
- Percentage with student loan debt: 11.90%
Image Credit: Sean Pavone / istockphoto.
34. Columbus Ohio
- Median non-mortgage debt: $30,497
- Percentage with non-mortgage debt: 93.80%
- Median credit card debt: $3,682
- Percentage with credit card debt: 82.40%
- Median auto debt: $16,047
- Percentage with auto debt: 48.90%
- Median student loan debt: $33,111
- Percentage with student loan debt: 15.40%
Image Credit: DepositPhotos.com.
33. Palm Bay, Florida
- Median non-mortgage debt: $30,515
- Percentage with non-mortgage debt: 94.50%
- Median credit card debt: $4,064
- Percentage with credit card debt: 85.40%
- Median auto debt: $19,239
- Percentage with auto debt: 50.10%
- Median student loan debt: $27,862
- Percentage with student loan debt: 10.20%
Image Credit: hekopmylife / istockphoto.
32. Dallas
- Median non-mortgage debt: $30,546
- Percentage with non-mortgage debt: 92.30%
- Median credit card debt: $4,382
- Percentage with credit card debt: 79.80%
- Median auto debt: $20,631
- Percentage with auto debt: 51.30%
- Median student loan debt: $28,822
- Percentage with student loan debt: 13.30%
Image Credit: typhoonski.
31. Tulsa, Oklahoma
- Median non-mortgage debt: $30,999
- Percentage with non-mortgage debt: 94.00%
- Median credit card debt: $4,034
- Percentage with credit card debt: 78.00%
- Median auto debt: $19,240
- Percentage with auto debt: 50.10%
- Median student loan debt: $32,572
- Percentage with student loan debt: 13.60%
Image Credit: Deposit Photos.
30. Lakeland, Florida
- Median non-mortgage debt: $31,117
- Percentage with non-mortgage debt: 93.40%
- Median credit card debt: $3,725
- Percentage with credit card debt: 81.90%
- Median auto debt: $20,467
- Percentage with auto debt: 53.10%
- Median student loan debt: $33,286
- Percentage with student loan debt: 10.10%
Image Credit: Sean Pavone / istockphoto.
29. Phoenix
- Median non-mortgage debt: $31,512
- Percentage with non-mortgage debt: 93.30%
- Median credit card debt: $3,969
- Percentage with credit card debt: 82.60%
- Median auto debt: $19,099
- Percentage with auto debt: 46.70%
- Median student loan debt: $29,827
- Percentage with student loan debt: 12.40%
Image Credit: DepositPhotos.com.
28. San Antonio
- Median non-mortgage debt: $31,567
- Percentage with non-mortgage debt: 92.80%
- Median credit card debt: $4,302
- Percentage with credit card debt: 77.30%
- Median auto debt: $21,623
- Percentage with auto debt: 54.10%
- Median student loan debt: $24,678
- Percentage with student loan debt: 12.50%
Image Credit: DepositPhotos.
27. Orlando, Florida
- Median non-mortgage debt: $31,605
- Percentage with non-mortgage debt: 93.40%
- Median credit card debt: $4,030
- Percentage with credit card debt: 84.10%
- Median auto debt: $18,867
- Percentage with auto debt: 48.60%
- Median student loan debt: $32,398
- Percentage with student loan debt: 11.30%
Image Credit: DepositPhotos.com.
26. Houston
- Median non-mortgage debt: $31,883
- Percentage with non-mortgage debt: 92.40%
- Median credit card debt: $4,707
- Percentage with credit card debt: 79.90%
- Median auto debt: $21,665
- Percentage with auto debt: 51.00%
- Median student loan debt: $30,524
- Percentage with student loan debt: 13.00%
Image Credit: RoschetzkyIstockPhoto.
25. Greensboro, North Carolina
- Median non-mortgage debt: $31,923
- Percentage with non-mortgage debt: 94.20%
- Median credit card debt: $3,612
- Percentage with credit card debt: 80.50%
- Median auto debt: $18,067
- Percentage with auto debt: 48.30%
- Median student loan debt: $28,838
- Percentage with student loan debt: 15.80%
Image Credit: SeanPavonePhoto / istockphoto.
24. Austin, Texas
- Median non-mortgage debt: $31,943
- Percentage with non-mortgage debt: 93.50%
- Median credit card debt: $4,759
- Percentage with credit card debt: 82.40%
- Median auto debt: $21,064
- Percentage with auto debt: 53.00%
- Median student loan debt: $29,396
- Percentage with student loan debt: 12.90%
Image Credit: DepositPhotos.com.
23. El Paso, Texas
- Median non-mortgage debt: $32,215
- Percentage with non-mortgage debt: 91.60%
- Median credit card debt: $4,384
- Percentage with credit card debt: 79.40%
- Median auto debt: $23,015
- Percentage with auto debt: 51.20%
- Median student loan debt: $22,994
- Percentage with student loan debt: 14.70%
Image Credit: pabradyphoto.
22. Miami, Florida
- Median non-mortgage debt: $32,319
- Percentage with non-mortgage debt: 94.00%
- Median credit card debt: $4,771
- Percentage with credit card debt: 85.70%
- Median auto debt: $16,743
- Percentage with auto debt: 52.30%
- Median student loan debt: $28,807
- Percentage with student loan debt: 11.60%
Image Credit: DepositPhotos.com.
21. Indianapolis
- Median non-mortgage debt: $32,630
- Percentage with non-mortgage debt: 93.80%
- Median credit card debt: $3,644
- Percentage with credit card debt: 80.80%
- Median auto debt: $17,387
- Percentage with auto debt: 52.00%
- Median student loan debt: $30,843
- Percentage with student loan debt: 15.40%
Image Credit: Deposit Photos.
20. Little Rock, Arkansas
- Median non-mortgage debt: $32,651
- Percentage with non-mortgage debt: 93.40%
- Median credit card debt: $3,893
- Percentage with credit card debt: 78.70%
- Median auto debt: $22,685
- Percentage with auto debt: 52.80%
- Median student loan debt: $32,903
- Percentage with student loan debt: 13.50%
Image Credit: DepositPhotos.com.
19. Jackson, Mississippi
- Median non-mortgage debt: $32,759
- Percentage with non-mortgage debt: 92.40%
- Median credit card debt: $3,472
- Percentage with credit card debt: 75.50%
- Median auto debt: $19,072
- Percentage with auto debt: 48.10%
- Median student loan debt: $30,484
- Percentage with student loan debt: 17.70%
Image Credit: sfe-co2 / istockphoto.
18. Poughkeepsie, New York
- Median non-mortgage debt: $32,925
- Percentage with non-mortgage debt: 96.50%
- Median credit card debt: $4,358
- Percentage with credit card debt: 87.80%
- Median auto debt: $16,182
- Percentage with auto debt: 53.10%
- Median student loan debt: $37,211
- Percentage with student loan debt: 17.00%
Image Credit: Boogich.
17. Richmond, Virginia
- Median non-mortgage debt: $32,993
- Percentage with non-mortgage debt: 92.80%
- Median credit card debt: $4,026
- Percentage with credit card debt: 81.70%
- Median auto debt: $17,543
- Percentage with auto debt: 46.80%
- Median student loan debt: $34,529
- Percentage with student loan debt: 15.50%
Image Credit: DepositPhotos.com.
16. Charleston, South Carolina
- Median non-mortgage debt: $33,663
- Percentage with non-mortgage debt: 94.00%
- Median credit card debt: $4,277
- Percentage with credit card debt: 81.10%
- Median auto debt: $17,389
- Percentage with auto debt: 48.10%
- Median student loan debt: $30,907
- Percentage with student loan debt: 14.60%
Image Credit: DepositPhotos.com.
15. Birmingham, Alabama
- Median non-mortgage debt: $33,829
- Percentage with non-mortgage debt: 93.70%
- Median credit card debt: $3,705
- Percentage with credit card debt: 79.30%
- Median auto debt: $20,289
- Percentage with auto debt: 47.50%
- Median student loan debt: $33,139
- Percentage with student loan debt: 13.90%
Image Credit: DepositPhotos.com.
14. McAllen, Texas
- Median non-mortgage debt: $34,165
- Percentage with non-mortgage debt: 93.90%
- Median credit card debt: $3,451
- Percentage with credit card debt: 73.80%
- Median auto debt: $25,888
- Percentage with auto debt: 57.20%
- Median student loan debt: $14,706
- Percentage with student loan debt: 11.60%
Image Credit: Anthony Acosta .
13. Charlotte, North Carolina
- Median non-mortgage debt: $34,381
- Percentage with non-mortgage debt: 94.20%
- Median credit card debt: $3,895
- Percentage with credit card debt: 83.10%
- Median auto debt: $18,275
- Percentage with auto debt: 48.80%
- Median student loan debt: $31,534
- Percentage with student loan debt: 13.90%
Image Credit: DepositPhotos.com.
12. Seattle
- Median non-mortgage debt: $34,572
- Percentage with non-mortgage debt: 93.10%
- Median credit card debt: $4,030
- Percentage with credit card debt: 84.20%
- Median auto debt: $18,431
- Percentage with auto debt: 38.90%
- Median student loan debt: $30,449
- Percentage with student loan debt: 9.90%
Image Credit: aiisha5 / istockphoto.
11. Virginia Beach, Virginia
- Median non-mortgage debt: $35,089
- Percentage with non-mortgage debt: 93.30%
- Median credit card debt: $4,229
- Percentage with credit card debt: 81.90%
- Median auto debt: $18,477
- Percentage with auto debt: 47.80%
- Median student loan debt: $32,292
- Percentage with student loan debt: 15.30%
Image Credit: DenisTangneyJr.
10. Durham, North Carolina
- Median non-mortgage debt: $35,982
- Percentage with non-mortgage debt: 93.40%
- Median credit card debt: $3,811
- Percentage with credit card debt: 82.60%
- Median auto debt: $19,290
- Percentage with auto debt: 42.10%
- Median student loan debt: $39,149
- Percentage with student loan debt: 16.00%
Image Credit: Sean Pavone / istockphoto.
9. Jacksonville, Florida
- Median non-mortgage debt: $36,444
- Percentage with non-mortgage debt: 94.50%
- Median credit card debt: $4,426
- Percentage with credit card debt: 85.00%
- Median auto debt: $20,384
- Percentage with auto debt: 51.90%
- Median student loan debt: $29,647
- Percentage with student loan debt: 12.60%
Image Credit: DepositPhotos.com.
8. Raleigh, North Carolina
- Median non-mortgage debt: $36,687
- Percentage with non-mortgage debt: 95.00%
- Median credit card debt: $4,082
- Percentage with credit card debt: 86.90%
- Median auto debt: $17,885
- Percentage with auto debt: 46.20%
- Median student loan debt: $32,321
- Percentage with student loan debt: 14.10%
Image Credit: DepositPhotos.com.
7. Augusta, Georgia
- Median non-mortgage debt: $37,078
- Percentage with non-mortgage debt: 94.20%
- Median credit card debt: $4,038
- Percentage with credit card debt: 79.90%
- Median auto debt: $20,823
- Percentage with auto debt: 51.10%
- Median student loan debt: $37,841
- Percentage with student loan debt: 16.40%
Image Credit: Google Maps.
6. Columbia, South Carolina
- Median non-mortgage debt: $37,406
- Percentage with non-mortgage debt: 95.10%
- Median credit card debt: $3,539
- Percentage with credit card debt: 80.60%
- Median auto debt: $18,286
- Percentage with auto debt: 51.40%
- Median student loan debt: $32,790
- Percentage with student loan debt: 16.90%
Image Credit: Kruck20 / istockphoto.
5. Colorado Springs, Colorado
- Median non-mortgage debt: $37,593
- Percentage with non-mortgage debt: 93.30%
- Median credit card debt: $4,103
- Percentage with credit card debt: 82.60%
- Median auto debt: $18,177
- Percentage with auto debt: 41.60%
- Median student loan debt: $33,556
- Percentage with student loan debt: 13.00%
Image Credit: Jacob Boomsma / istockphoto.
4. Denver
- Median non-mortgage debt: $38,038
- Percentage with non-mortgage debt: 94.30%
- Median credit card debt: $4,160
- Percentage with credit card debt: 86.50%
- Median auto debt: $17,692
- Percentage with auto debt: 39.70%
- Median student loan debt: $33,614
- Percentage with student loan debt: 12.40%
Image Credit: Deposit Photos.
3. Baltimore
- Median non-mortgage debt: $38,885
- Percentage with non-mortgage debt: 93.80%
- Median credit card debt: $4,302
- Percentage with credit card debt: 84.40%
- Median auto debt: $18,945
- Percentage with auto debt: 49.10%
- Median student loan debt: $34,611
- Percentage with student loan debt: 14.90%
Image Credit: DepositPhotos.com.
2. Atlanta
- Median non-mortgage debt: $41,718
- Percentage with non-mortgage debt: 94.70%
- Median credit card debt: $4,397
- Percentage with credit card debt: 85.10%
- Median auto debt: $19,412
- Percentage with auto debt: 47.40%
- Median student loan debt: $36,790
- Percentage with student loan debt: 17.10%
Image Credit: Deposit Photos.
1. Washington, D.C.
- Median non-mortgage debt: $48,720
- Percentage with non-mortgage debt: 94.50%
- Median credit card debt: $4,842
- Percentage with credit card debt: 86.80%
- Median auto debt: $19,393
- Percentage with auto debt: 47.10%
- Median student loan debt: $40,163
- Percentage with student loan debt: 16.20%
Image Credit: vPaulTech LLC / istockphoto.
How baby boomer debt breaks down
With credit card debt burdening an average of 81.4% of baby boomer consumers, the generation has the largest share of people dealing with card debt, along with the highest overall median balance at $3,958.
Auto loan debt is slightly less common for baby boomers than younger generations, but a significant percentage of consumers — 47.6% on average — have outstanding loans with a median balance of $17,683.
Texas metros again top the ranks, with boomer consumers owing the most on auto loans in McAllen and El Paso.
And though it has the smallest share of borrowers, 13.1% of the baby boomer generation in the largest metros has student loan debt. While the share of consumers in student debt is less than half than Gen X’s, boomers with student debt owe a median of $29,444 — just under $5,000 less than what Gen Xers owe.
Boomers in Washington, D.C., have the highest median balance.
Image Credit: istockphoto / yacobchuk.
Methodology
Analysts used more than three million anonymized credit reports from LendingTree users who live in the 100 largest metropolitan statistical areas (“MSAs”) to calculate the following, aggregated by generation and MSA:
- Overall median non-mortgage debt balance regardless of whether a user had any debt
- Percentage of users who had any debt or debt of a specific type
- Median balances for those who did have active balances for those debt types
The credit reports are from April 1 to June 7, 2021.
The generations are defined as:
- Baby boomer (born between 1946 and 1964; ages 57 to 75 in 2021)
Only those with credit reports are included.
Related:
- What you can learn from these 7 famous people who went bankrupt
- Stressed over money? Here’s how to chill
This article
originally appeared on LendingTree.com and was
syndicated by MediaFeed.org.
Image Credit: perinjo / istockphoto.
