Average Credit Card Debt – April 2018

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This month we calculate the average credit card debt per credit card holder in the United States to be $5449.73. The average credit card debt per household is $8308.66.

How did we arrive at these numbers?

Using data from the Federal Reserve, the U.S. Census, and various other sources, we note that revolving credit card debt was over $1 trillion in February ($1.0309 trillion to be exact). About 77% of the country’s 327+ million people are 18 or over, and about 75% of those people are credit card holders. The average household has 2.64 people.

More specifically:

Current U.S. revolving debt $1,030,900,000,000

Current U.S. population: 327,559,028

Current 18+ population: 252,220,452

Current 18+ population with credit cards: 189,165,339

Current number of U.S households: 124,075,389

Current average cardholder debt: $1,030,900,000,000/189,165,339 = $5449.73

Current average household debt: $1,030,900,000,000/124,075,389 = $8308.66

Questions about these statistics? E-mail CEO Adam Jusko [email protected]

Historical average debt statistics

  • March 2018: $5447.33 per cardholder, $8305.01 per household
  • February 2018: $5439.99 per cardholder, 8293.81 per household
  • January 2018: $5415.42 per cardholder, $8256.34 per household
  • December 2017: $5365.89 per cardholder, $8180.84 per household
  • November 2017: $5338.48 per cardholder, $8137.53 per household
  • October 2017: $5309.06 per cardholder, $8094.19 per household
  • September 2017: $5284.54 per cardholder, $8056.81 per household
  • August 2017: $5432.89 per cardholder, $8282.99 per household
  • July 2017: $5419.59 per cardholder, $8262.71 per household
  • June 2017: $5380.53 per cardholder, $8203.15 per household
  • May 2017: $5326.83 per cardholder, $8121.28 per household
  • April 2017: $5332.72 per cardholder, $8130.26 per household
  • March 2017: $5307.43 per cardholder, $8091.71 per household
  • February 2017: $5310.33 per cardholder, $8096.13 per household