Average overall debt
This report provides a picture of average American debt through 78.2 million Credit Karma members with a combined overall debt of $7 trillion. Overall debt is defined as any type of debt noted on a Credit Karma member’s credit report. This includes credit card, mortgage, student loan, medical loan, auto lease and auto loan debt.
Between October and December 2022, average total overall debt among Credit Karma members was $49,454, an increase of 1.96% compared to an average of $48,505 from March through May 2022. The median debt in the final quarter of 2022 was $11,223, which means that some folks had significantly higher amounts of debt that skewed the average upward.
The chart below illustrates the average debt by state. The state with the highest average debt among Credit Karma members is Washington ($71,754). West Virginia ($35,020) has the lowest average debt. Note that the District of Columbia had the highest average debt at $77,810, but it isn’t technically a state.
Here are the states with the largest and smallest increases in overall average debt among Credit Karma members, comparing March through May 2022 to October through December 2022.
| Largest increase | Decrease or smallest increase | ||
| State | Percent change | State | Percent change |
| Hawaii | 3.39% | New Mexico | -0.56% |
| California | 2.95% | Kentucky | 0.99% |
| Utah | 2.89% | Wyoming | 1.03% |
| Idaho | 2.53% | Oklahoma | 1.06% |
| Arizona | 2.50% | Mississippi | 1.06% |
The 100 top largest cities by population in the United States according to the 2021 U.S. Census estimates were also included in our analysis.
These are the 10 cities where Credit Karma members had the most debt on average.
- San Francisco: $121,461
- San Jose, Calif.: $103,038
- Fremont, Calif.: $100,584
- Seattle: $98,756
- Irvine, Calif.: $95,462
- Santa Clarita, Calif.: $86,046
- Scottsdale, Ariz.: $82,355
- San Diego: $75,617
- Boston: $75,464
- Gilbert, Ariz.: $72,999
These are the 10 cities were Credit Karma members had the least debt on average.
- Detroit: $22,208
- Toledo, Ohio: $28,946
- Cleveland: $30,053
- Buffalo, N.Y.: $30,480
- Milwaukee: $32,799
- Memphis, Tenn.: $32,826
- Winston-Salem, N.C.: $33,626
- Wichita, Kan.: $35,458
- St. Louis: $35,735
- Tulsa, Okla.: $37,482
Irvine had the largest jump in total average debt with a 3.78% increase. Meanwhile Albuquerque, N.M. was the only city that had a decrease in total average debt with a reduction of 1.83%.
Average debt among Credit Karma members broken out by generation
| Generation | Average total debt March–May 2022 | Average total debt Oct.–Dec. 2022 | Percent change in debt |
| Generation Z | $15,796 | $16,283 | 3.08% |
| Millennial | $47,279 | $48,611 | 2.82% |
| Generation X | $59,992 | $61,036 | 1.74% |
| Baby boomers | $51,827 | $52,401 | 1.11% |
| Silent | $40,829 | $41,077 | 0.61% |
As generational age increased, the percent change of debt decreased. That means that Gen Z saw the largest percent increase in debt even though their overall average debt was much lower than other generations.
Average debt among Credit Karma members by credit score band
| Credit score band | Average total debt March–May 2022 | Average total debt Oct.–Dec. 2022 | Percent change in debt |
| Subprime (300–600) | $27,358 | $27,848 | 1.79% |
| Near prime (601–660) | $40,453 | $41,432 | 2.42% |
| Prime (661–780) | $55,433 | $56,758 | 2.39% |
| Super prime (781–850) | $66,400 | $68,009 | 2.42% |
As scores increased, so too did average overall debt. This may be because people with higher credit scores have greater access to credit on better terms.
Average credit card debt
In the fourth quarter of 2022, approximately 74 million Credit Karma members with at least one credit card held a total of $397 billion in credit card debt.
The average credit balance among members during the period of October to December 2022 was $6,469, compared to $6,242 in March to May 2022. That represents a 3.64% increase in average credit card debt. The average next payment was $181.
The median debt was $3,003, meaning that some Credit Karma members had much higher credit card balances than the typical person in the group. In this scenario, the median is much more indicative of what a typical Credit Karma member has in terms of credit card debt. Significantly, this was a 5.96% increase over the March through May 2022 period.
The table below contains the average credit card debt by state. The state with the highest average credit card debt among Credit Karma members is Alaska ($8,139). Mississippi has the lowest average debt ($5,259).
Average credit card debt by state
| State | Credit Karma members’ average credit card debt March–May 2022 | Credit Karma members’ average credit card debt Oct.–Dec. 2022 | Percent change in average credit card debt |
| Alabama | $5,474 | $5,647 | 3.16% |
| Alaska | $7,820 | $8,139 | 4.08% |
| Arizona | $5,964 | $6,198 | 3.92% |
| Arkansas | $5,417 | $5,600 | 3.38% |
| California | $6,693 | $6,952 | 3.87% |
| Colorado | $6,452 | $6,710 | 4.00% |
| Connecticut | $6,800 | $7,032 | 3.41% |
| Delaware | $6,207 | $6,429 | 3.58% |
| District of Columbia | $7,099 | $7,347 | 3.49% |
| Florida | $6,573 | $6,783 | 3.19% |
| Georgia | $6,349 | $6,563 | 3.37% |
| Hawaii | $7,212 | $7,444 | 3.22% |
| Idaho | $5,504 | $5,737 | 4.23% |
| Illinois | $6,350 | $6,615 | 4.17% |
| Indiana | $5,391 | $5,601 | 3.90% |
| Iowa | $5,533 | $5,732 | 3.60% |
| Kansas | $5,918 | $6,122 | 3.45% |
| Kentucky | $5,269 | $5,455 | 3.53% |
| Louisiana | $5,662 | $5,872 | 3.71% |
| Maine | $5,623 | $5,788 | 2.93% |
| Maryland | $6,984 | $7,248 | 3.78% |
| Massachusetts | $6,467 | $6,700 | 3.60% |
| Michigan | $5,588 | $5,812 | 4.01% |
| Minnesota | $5,921 | $6,166 | 4.14% |
| Mississippi | $5,077 | $5,259 | 3.58% |
| Missouri | $5,649 | $5,869 | 3.89% |
| Montana | $5,802 | $6,026 | 3.86% |
| Nebraska | $5,974 | $6,188 | 3.58% |
| Nevada | $6,295 | $6,548 | 4.02% |
| New Hampshire | $6,351 | $6,545 | 3.05% |
| New Jersey | $7,043 | $7,306 | 3.73% |
| New Mexico | $5,681 | $5,871 | 3.34% |
| New York | $6,765 | $7,029 | 3.90% |
| North Carolina | $5,788 | $5,969 | 3.13% |
| North Dakota | $6,106 | $6,347 | 3.95% |
| Ohio | $5,653 | $5,879 | 4.00% |
| Oklahoma | $5,829 | $6,030 | 3.45% |
| Oregon | $5,876 | $6,113 | 4.03% |
| Pennsylvania | $5,963 | $6,180 | 3.64% |
| Rhode Island | $6,275 | $6,498 | 3.55% |
| South Carolina | $5,821 | $5,989 | 2.89% |
| South Dakota | $5,764 | $5,987 | 3.87% |
| Tennessee | $5,637 | $5,832 | 3.46% |
| Texas | $6,480 | $6,707 | 3.50% |
| Utah | $5,797 | $6,040 | 4.19% |
| Vermont | $5,760 | $5,945 | 3.21% |
| Virginia | $6,952 | $7,174 | 3.19% |
| Washington | $6,621 | $6,869 | 3.75% |
| West Virginia | $5,497 | $5,674 | 3.22% |
| Wisconsin | $5,380 | $5,593 | 3.96% |
| Wyoming | $6,140 | $6,383 | 3.96% |
We also examined data for the 100 largest cities by population in the United States according to the 2021 U.S. Census estimates.
Here are the 10 cities where Credit Karma members had the most credit card debt on average.
- Scottsdale, Ariz.: $8,586
- Virginia Beach, Va.: $8,429
- Chesapeake, Va.: $8,027
- Irvine, Calif.: $8,147
- Plano, Texas: $8,079
- San Francisco: $7,981
- Anchorage, Alaska: $7,948
- Chula Vista, Calif.: $7,944
- Santa Clarita, Calif.: $7,833
- New York: $7,656
And here are the 10 cities where Credit Karma members had the least credit card debt on average.
- Detroit: $4,501
- Winston-Salem, N.C.: $4,657
- Milwaukee: $4,853
- St. Paul, Minn.: $5,084
- Cleveland: $5,099
- Toledo, Ohio: $5,124
- San Bernardino, Calif.: $5,159
- St. Louis: $5,249
- Buffalo, N.Y.: $5,304
- Indianapolis: $5,379
Average credit card debt among Credit Karma members by generation
| Generation | Average credit card debt March–May 2022 | Average card debt Oct.–Dec. 2022 | Percent change in credit card debt |
| Generation Z | $2,626 | $2,781 | 5.90% |
| Millennial | $5,632 | $5,898 | 4.72% |
| Generation X | $7,977 | $8,266 | 3.62% |
| Baby boomers | $7,310 | $7,464 | 2.11% |
| Silent | $5,601 | $5,649 | 0.86% |
Gen X once again had the most credit card debt, but Gen Z increased their credit card balances by a larger percent.
Average credit card debt among Credit Karma members by credit score band
| Credit score band | Average credit card debt March–May 2022 | Average card debt Oct.–Dec. 2022 | Percent change in credit card debt |
| Subprime (300–600) | $5,434 | $5,684 | 4.60% |
| Near prime (601–660) | $8,904 | $9,295 | 4.39% |
| Prime (661–780) | $6,502 | $6,720 | 3.35% |
| Super prime (781–850) | $3,273 | $3,345 | 2.20% |
Average auto loan debt
In the fourth quarter of 2022, approximately 55 million Credit Karma members with at least one auto loan open held more than $823 billion in auto loans. The average next payment was $575.
The average auto loan balance among members was $24,042, representing a 1.77% increase over the average of $23,623 in March–May 2022. The median debt was $18,929.
The table below shows the average auto loan debt by state. The state with the highest average car loan debt among Credit Karma members is Texas ($28,428), and Rhode Island has the lowest average debt ($19,623).
Average auto loan debt by state
| State | Credit Karma members’ average auto loan debt March–May 2022 | Credit Karma members’ average auto loan debt Oct.–Dec.2022 | Percent change in average auto loan debt |
| Alabama | $26,504 | $24,694 | -6.83% |
| Alaska | $24,288 | $26,944 | 10.94% |
| Arizona | $25,849 | $25,910 | 0.24% |
| Arkansas | $25,467 | $26,165 | 2.74% |
| California | $24,196 | $24,696 | 2.07% |
| Colorado | $23,670 | $24,096 | 1.80% |
| Connecticut | $19,480 | $19,832 | 1.81% |
| Delaware | $21,810 | $22,397 | 2.69% |
| District of Columbia | $22,065 | $22,234 | 0.77% |
| Florida | $24,450 | $24,944 | 2.02% |
| Georgia | $24,594 | $25,027 | 1.76% |
| Hawaii | $24,359 | $24,711 | 1.45% |
| Idaho | $22,390 | $24,011 | 7.24% |
| Illinois | $23,602 | $22,286 | -5.58% |
| Indiana | $21,909 | $21,892 | -0.08% |
| Iowa | $21,530 | $22,765 | 5.74% |
| Kansas | $22,546 | $22,897 | 1.56% |
| Kentucky | $22,426 | $22,836 | 1.83% |
| Louisiana | $27,078 | $27,502 | 1.57% |
| Maine | $19,625 | $21,786 | 11.01% |
| Maryland | $23,380 | $23,792 | 1.76% |
| Massachusetts | $21,442 | $20,007 | -6.69% |
| Michigan | $20,059 | $20,476 | 2.08% |
| Minnesota | $20,782 | $21,091 | 1.49% |
| Mississippi | $21,742 | $25,138 | 15.62% |
| Missouri | $24,739 | $22,063 | -10.82% |
| Montana | $23,351 | $23,787 | 1.87% |
| Nebraska | $23,631 | $22,020 | -6.82% |
| Nevada | $24,145 | $25,700 | 6.44% |
| New Hampshire | $21,732 | $21,724 | -0.04% |
| New Jersey | $21,391 | $21,904 | 2.40% |
| New Mexico | $21,440 | $27,958 | 30.40% |
| New York | $27,479 | $22,648 | -17.58% |
| North Carolina | $25,176 | $24,005 | -4.65% |
| North Dakota | $22,174 | $24,517 | 10.57% |
| Ohio | $20,925 | $21,297 | 1.78% |
| Oklahoma | $25,304 | $25,619 | 1.24% |
| Oregon | $22,871 | $23,287 | 1.82% |
| Pennsylvania | $21,248 | $21,579 | 1.56% |
| Rhode Island | $19,230 | $19,623 | 2.04% |
| South Carolina | $22,680 | $23,039 | 1.58% |
| South Dakota | $22,160 | $22,482 | 1.45% |
| Tennessee | $23,862 | $24,269 | 1.71% |
| Texas | $27,944 | $28,428 | 1.73% |
| Utah | $22,959 | $23,440 | 2.10% |
| Vermont | $22,795 | $22,732 | -0.28% |
| Virginia | $22,345 | $23,184 | 3.75% |
| Washington | $24,371 | $24,807 | 1.79% |
| West Virginia | $20,379 | $26,157 | 28.35% |
| Wisconsin | $25,831 | $20,709 | -19.83% |
| Wyoming | $27,513 | $27,928 | 1.51% |
Some states had substantial declines in auto loan debt between March through May and October through December. Wisconsin (-19.83%), New York (-17.58%) and Missouri (-10.82%) all saw double-digit drops in average auto debt. On the other hand, New Mexico experienced a whopping 30.4% increase in average auto loan debt over the same period.
We also examined data for the 100 largest cities by population in the United States according to the 2021 U.S. Census estimates.
Here are the 10 cities where Credit Karma members had the most auto loan debt on average.
- Laredo, Texas: $31,550
- Corpus Christi, Texas: $29,637
- El Paso, Texas: $29,052
- Lubbock, Texas: $27,803
- Gilbert, Ariz.: $27,511
- San Antonio: $27,299
- Irvine, Calif.: $27,299
- Bakersfield, Calif.: $26,392
- Glendale, Calif.: $26,269
- Scottsdale, Ariz.: $26,216
And here are the 10 cities where Credit Karma members had the least auto loan debt on average.
- St. Paul, Minn.: $18,385
- Minneapolis: $18,870
- Toledo, Ohio: $19,100
- St. Louis: $19,206
- Detroit: $19,514
- Milwaukee: $19,548
- Fort Wayne, Ind.: $19,929
- Buffalo, N.Y.: $20,253
- Pittsburgh: $20,272
- Winston-Salem, N.C.: $20,570
Average auto loan debt among Credit Karma members by generation
| Generation | Average auto loan debt March–May 2022 | Average auto loan debt Oct.–Dec. 2022 | Percent change in auto loan debt |
| Generation Z | $19,467 | $19,909 | 2.27% |
| Millennial | $23,288 | $23,766 | 2.05% |
| Generation X | $26,312 | $26,765 | 1.72% |
| Baby boomers | $22,290 | $22,530 | 1.08% |
| Silent | $18,400 | $18,539 | 0.76% |
Average auto loan debt among Credit Karma members by credit score band
| Credit score band | Average auto loan debt March–May 2022 | Average auto loan debt Oct.–Dec. 2022 | Percent change in auto loan debt |
| Subprime (300–600) | $21,183 | $21,662 | 2.26% |
| Near prime (601–660) | $24,620 | $25,130 | 2.07% |
| Prime (661–780) | $25,019 | $25,452 | 1.73% |
| Super prime (781–850) | $21,734 | $21,981 | 1.14% |
Average mortgage debt
In October through December 2022, approximately 29 million Credit Karma members with at least one mortgage held a total of $5.1 trillion in mortgage debt. The average next payment was $1,632.
The average mortgage balance among members was $235,194. The median mortgage debt was $186,590.
This table contains the average mortgage debt by state. Though the District of Columbia had the highest average mortgage balance ($452,712), it’s not a state. Members in California had the highest average mortgage debt at $427,781, and West Virginia had the lowest average debt at $132,334.
| State | Credit Karma members’ average mortgage debt March–May 2022 | Credit Karma members’ average mortgage debt Oct.–Dec. 2022 | Percent change in average mortgage debt |
| Alabama | $160,379 | $162,558 | 1.36% |
| Alaska | $257,653 | $260,164 | 0.97% |
| Arizona | $251,479 | $255,960 | 1.78% |
| Arkansas | $145,212 | $147,056 | 1.27% |
| California | $421,573 | $427,781 | 1.47% |
| Colorado | $300,902 | $305,081 | 1.39% |
| Connecticut | $230,560 | $232,834 | 0.99% |
| Delaware | $214,958 | $217,665 | 1.26% |
| District of Columbia | $447,364 | $452,712 | 1.20% |
| Florida | $223,748 | $226,941 | 1.43% |
| Georgia | $204,121 | $207,517 | 1.66% |
| Hawaii | $409,783 | $416,906 | 1.74% |
| Idaho | $226,290 | $230,658 | 1.93% |
| Illinois | $196,571 | $199,165 | 1.32% |
| Indiana | $150,542 | $152,776 | 1.48% |
| Iowa | $148,875 | $150,631 | 1.18% |
| Kansas | $161,919 | $164,181 | 1.40% |
| Kentucky | $148,729 | $150,252 | 1.02% |
| Louisiana | $169,544 | $171,487 | 1.15% |
| Maine | $169,370 | $171,376 | 1.18% |
| Maryland | $282,676 | $285,213 | 0.90% |
| Massachusetts | $306,899 | $311,559 | 1.52% |
| Michigan | $156,802 | $159,736 | 1.87% |
| Minnesota | $212,658 | $215,696 | 1.43% |
| Mississippi | $139,721 | $141,487 | 1.26% |
| Missouri | $163,025 | $165,059 | 1.25% |
| Montana | $213,782 | $216,640 | 1.34% |
| Nebraska | $167,331 | $169,426 | 1.25% |
| Nevada | $272,759 | $276,618 | 1.41% |
| New Hampshire | $216,852 | $219,867 | 1.39% |
| New Jersey | $280,763 | $284,093 | 1.19% |
| New Mexico | $184,770 | $181,297 | -1.88% |
| New York | $284,044 | $288,153 | 1.45% |
| North Carolina | $198,493 | $201,688 | 1.61% |
| North Dakota | $196,076 | $199,018 | 1.50% |
| Ohio | $150,313 | $152,403 | 1.39% |
| Oklahoma | $155,009 | $156,841 | 1.18% |
| Oregon | $285,001 | $288,880 | 1.36% |
| Pennsylvania | $173,834 | $176,456 | 1.51% |
| Rhode Island | $227,462 | $230,341 | 1.27% |
| South Carolina | $179,337 | $181,658 | 1.29% |
| South Dakota | $181,268 | $181,721 | 0.25% |
| Tennessee | $187,479 | $190,837 | 1.79% |
| Texas | $203,271 | $206,457 | 1.57% |
| Utah | $289,221 | $295,218 | 2.07% |
| Vermont | $174,954 | $177,213 | 1.29% |
| Virginia | $263,563 | $266,631 | 1.16% |
| Washington | $333,362 | $339,227 | 1.76% |
| West Virginia | $130,703 | $132,334 | 1.25% |
| Wisconsin | $168,934 | $171,111 | 1.29% |
| Wyoming | $204,566 | $206,472 | 0.93% |
We also examined data for the 100 largest cities by population in the United States according to the 2021 U.S. Census estimates.
Here are the 10 cities where Credit Karma members had the most mortgage debt on average.
- San Francisco: $763,123
- San Jose, Calif.: $629,008
- New York: $615,856
- Irvine, Calif.: $595,821
- Los Angeles: $544,641
- Boston: $522,584
- Seattle: $515,435
- Fremont, Calif.: $508,521
- San Diego: $481,358
- Honolulu: $457,769
The 10 cities where Credit Karma members had the least mortgage debt on average were …
- Toledo, Ohio: $122,644
- Detroit: $134,878
- Cleveland: $143,404
- Wichita, Kan.: $148,652
- Fort Wayne, Ind.: $149,655
- Buffalo, N.Y.: $154,152
- Laredo, Texas: $159,308
- El Paso, Texas: $162,695
- Memphis, Tenn.: $164,424
- Milwaukee: $168,279
Average mortgage debt among Credit Karma members by generation
| Generation | Average mortgage debt March–May 2022 | Average mortgage debt Oct.–Dec. 2022 | Percent change in mortgage debt |
| Generation Z | $192,366 | $195,849 | 1.81% |
| Millennial | $256,724 | $261,484 | 1.85% |
| Generation X | $237,403 | $240,590 | 1.34% |
| Baby boomers | $186,199 | $188,034 | 0.99% |
| Silent | $162,594 | $163,702 | 0.68% |
Average mortgage debt among Credit Karma members by credit score band
| Credit score band | Average mortgage debt March–May 2022 | Average mortgage debt Oct.–Dec. 2022 | Percent change in mortgage debt |
| Subprime (300–600) | $182,990 | $185,803 | 1.54% |
| Near prime (601–660) | $208,227 | $212,044 | 1.83% |
| Prime (661–780) | $247,134 | $251,197 | 1.64% |
| Super prime (781–850) | $233,616 | $237,648 | 1.73% |
Average student loan debt
In October to December 2022, approximately 28.4 million Credit Karma members with at least one student loan open held a total of $660 billion across 63 million student loans. The average next payment was $46.
The average student loan balance among members in Q4 of 2022 was $32,004, which is 0.83% lower than during March through May 2022. The median debt was $16,150. This was the only category of debt that experienced a decrease in average total debt over the course of the year.
The table below contains the average student loan debt by state. Although not a state, the District of Columbia had the highest average student loan debt at $47,919. The state with the highest average student loan debt among Credit Karma members is Maryland ($38,797), and Utah has the lowest average debt ($26,307).
| State | Credit Karma members’ average student loan debt March–May 2022 | Credit Karma members’ average student loan debt Oct.–Dec. 2022 | Percent change in average student loan debt |
| Alabama | $33,531 | $33,219 | -0.93% |
| Alaska | $28,885 | $28,680 | -0.71% |
| Arizona | $29,940 | $29,683 | -0.86% |
| Arkansas | $28,842 | $28,586 | -0.89% |
| California | $32,179 | $31,923 | -0.80% |
| Colorado | $31,162 | $30,963 | -0.64% |
| Connecticut | $33,913 | $33,624 | -0.85% |
| Delaware | $34,149 | $33,870 | -0.82% |
| District of Columbia | $48,320 | $47,919 | -0.83% |
| Florida | $32,563 | $32,369 | -0.60% |
| Georgia | $36,882 | $36,566 | -0.86% |
| Hawaii | $30,596 | $30,330 | -0.87% |
| Idaho | $27,413 | $27,227 | -0.68% |
| Illinois | $35,149 | $34,827 | -0.92% |
| Indiana | $29,629 | $29,369 | -0.88% |
| Iowa | $27,727 | $27,473 | -0.92% |
| Kansas | $29,176 | $28,945 | -0.79% |
| Kentucky | $29,030 | $28,756 | -0.94% |
| Louisiana | $30,388 | $30,078 | -1.02% |
| Maine | $29,744 | $29,548 | -0.66% |
| Maryland | $39,137 | $38,797 | -0.87% |
| Massachusetts | $33,842 | $33,519 | -0.95% |
| Michigan | $32,591 | $32,329 | -0.80% |
| Minnesota | $30,981 | $30,711 | -0.87% |
| Mississippi | $33,622 | $33,305 | -0.94% |
| Missouri | $31,482 | $31,175 | -0.98% |
| Montana | $27,452 | $27,315 | -0.50% |
| Nebraska | $28,218 | $28,033 | -0.66% |
| Nevada | $27,908 | $27,668 | -0.86% |
| New Hampshire | $33,326 | $33,079 | -0.74% |
| New Jersey | $35,477 | $35,150 | -0.92% |
| New Mexico | $28,151 | $27,843 | -1.09% |
| New York | $35,639 | $35,380 | -0.73% |
| North Carolina | $33,281 | $32,957 | -0.97% |
| North Dakota | $28,350 | $28,091 | -0.91% |
| Ohio | $31,851 | $31,595 | -0.80% |
| Oklahoma | $27,831 | $27,596 | -0.84% |
| Oregon | $30,587 | $30,307 | -0.92% |
| Pennsylvania | $33,927 | $33,653 | -0.81% |
| Rhode Island | $29,271 | $28,817 | -1.55% |
| South Carolina | $33,638 | $33,366 | -0.81% |
| South Dakota | $29,209 | $28,896 | -1.07% |
| Tennessee | $31,568 | $31,297 | -0.86% |
| Texas | $28,597 | $28,334 | -0.92% |
| Utah | $26,417 | $26,307 | -0.42% |
| Vermont | $34,394 | $34,084 | -0.90% |
| Virginia | $35,415 | $35,137 | -0.78% |
| Washington | $28,966 | $28,818 | -0.51% |
| West Virginia | $28,986 | $28,741 | -0.85% |
| Wisconsin | $28,974 | $28,723 | -0.87% |
| Wyoming | $26,976 | $26,973 | -0.01% |
We also examined data for the 100 largest cities by population in the United States according to the 2021 U.S. Census estimates.
Here are the 10 cities where Credit Karma members had the least student loan debt on average.
- Laredo, Texas: $21,812
- Bakersfield, Calif.: $25,016
- Stockton, Calif.: $25,286
- San Bernardino, Calif.: $25,551
- Corpus Christi, Texas: $25,631
- El Paso, Texas: $25,669
- Santa Ana, Calif.: $25,950
- North Las Vegas, Nev.: $26,357
- Fresno, Calif.: $26,705
- Garland, Texas: $27,839
Here are the 10 cities where Credit Karma members had the most student loan debt on average.
- Irvine, Calif.: $45,355
- Durham, N.C.: $44,057
- Atlanta: $44,009
- San Francisco: $42,039
- Boston: $41,198
- New York: $41,077
- New Orleans: $40,901
- Oakland, Calif.: $39,476
- Pittsburgh: $38,913
- Chicago: $38,792
Average student loan debt among Credit Karma members by generation
| Generation | Average student loan debt March–May 2022 | Average student loan debt Oct.–Dec. 2022 | Percent change in student loan debt |
| Generation Z | $15,626 | $15,456 | -1.09% |
| Millennial | $31,532 | $31,297 | -0.75% |
| Generation X | $42,114 | $41,910 | -0.48% |
| Baby boomers | $43,680 | $43,554 | -0.29% |
| Silent | $35,418 | $35,453 | 0.10% |
Average student loan debt among Credit Karma members by credit score band
| Credit score band | Average student loan debt March–May 2022 | Average student loan debt Oct.–Dec. 2022 | Percent change in student loan debt |
| Subprime (300–600) | $28,460 | $28,231 | -0.80% |
| Near prime (601–660) | $32,270 | $32,165 | -0.33% |
| Prime (661–780) | $34,387 | $34,067 | -0.93% |
| Super prime (781–850) | $33,341 | $33,257 | -0.25% |
Average credit scores
The average VantageScore 3.0 credit score for Credit Karma members was 673 in the fourth quarter of 2022, but the median was a little higher at 682. Both fall in the prime range. Both the average and the median went down by a solitary point between March through May and October through December.
States with the highest average VantageScore 3.0 credit scores among Credit Karma members
| Rank | State | Average score |
| 1 | New Hampshire | 694 |
| 2 | Massachusetts | 693 |
| 3 | Washington | 691 |
| 3 | Vermont | 691 |
| 4 | Oregon | 690 |
| 4 | Minnesota | 690 |
| 5 | Utah | 689 |
There were ties for the third- and fourth-highest average scores.
5 states with the lowest average VantageScore 3.0 credit scores among Credit Karma members
| Rank | State | Average score |
| 50 | Mississippi | 645 |
| 49 | Arkansas | 651 |
| 49 | Louisiana | 651 |
| 48 | Alabama | 654 |
| 47 | South Carolina | 657 |
| 46 | West Virginia | 658 |
There was a tie between Arkansas and Louisiana for the 49th lowest score.
Average VantageScore 3.0 score among Credit Karma members by generation
| Generation | Average VantageScore 3.0 March–May 2022 | Average VantageScore 3.0 Oct.–Dec. 2022 |
| Generation Z | 654 | 653 |
| Millennial | 667 | 666 |
| Generation X | 673 | 672 |
| Baby boomers | 705 | 704 |
| Silent | 701 | 699 |
Generation and credit scores had a positive correlation, which means that being older is associated with higher credit scores.
Past-due accounts and accounts in collections
Past-due accounts
For this report, past-due accounts are any credit card, mortgage, student loan, medical loans, auto lease or auto loan accounts that are overdue by more than 30 days.
Credit Karma members had an average of 0.74 past-due accounts in the fourth quarter of 2022, compared to 0.75 past-due in March through May 2022.
The state with the highest average of past-due accounts was Mississippi at 1.05. Oregon had the lowest average of past-due accounts at 0.56.
Average number of past-due accounts for all states
| State | Average number of past-due accounts for Credit Karma members March–May 2022 | Average number of past-due accounts for Credit Karma members Oct.–Dec. 2022 | Percent change in past-due accounts |
| Alabama | 0.85 | 0.85 | -0.78% |
| Alaska | 0.76 | 0.76 | -1.10% |
| Arizona | 0.68 | 0.67 | -2.05% |
| Arkansas | 0.85 | 0.84 | -0.68% |
| California | 0.67 | 0.65 | -3.18% |
| Colorado | 0.66 | 0.64 | -1.96% |
| Connecticut | 0.82 | 0.80 | -2.53% |
| Delaware | 0.84 | 0.82 | -2.04% |
| District of Columbia | 0.71 | 0.70 | -1.61% |
| Florida | 0.73 | 0.71 | -2.95% |
| Georgia | 0.81 | 0.80 | -1.02% |
| Hawaii | 0.68 | 0.67 | -2.10% |
| Idaho | 0.63 | 0.62 | -1.57% |
| Illinois | 0.76 | 0.75 | -1.75% |
| Indiana | 0.76 | 0.75 | -1.84% |
| Iowa | 0.74 | 0.73 | -1.58% |
| Kansas | 0.73 | 0.72 | -1.54% |
| Kentucky | 0.76 | 0.75 | -1.38% |
| Louisiana | 0.96 | 0.96 | -0.97% |
| Maine | 0.72 | 0.70 | -2.10% |
| Maryland | 0.91 | 0.90 | -1.31% |
| Massachusetts | 0.76 | 0.75 | -1.86% |
| Michigan | 0.74 | 0.72 | -3.22% |
| Minnesota | 0.65 | 0.63 | -1.75% |
| Mississippi | 1.06 | 1.05 | -0.33% |
| Missouri | 0.76 | 0.75 | -1.13% |
| Montana | 0.65 | 0.64 | -1.61% |
| Nebraska | 0.74 | 0.72 | -2.65% |
| Nevada | 0.69 | 0.67 | -2.26% |
| New Hampshire | 0.74 | 0.72 | -2.60% |
| New Jersey | 0.80 | 0.77 | -3.69% |
| New Mexico | 0.86 | 0.85 | -1.12% |
| New York | 0.81 | 0.78 | -3.33% |
| North Carolina | 0.81 | 0.80 | -1.51% |
| North Dakota | 0.70 | 0.69 | -2.31% |
| Ohio | 0.73 | 0.71 | -2.38% |
| Oklahoma | 0.78 | 0.77 | -0.98% |
| Oregon | 0.57 | 0.56 | -1.45% |
| Pennsylvania | 0.80 | 0.79 | -2.17% |
| Rhode Island | 0.74 | 0.72 | -2.62% |
| South Carolina | 0.81 | 0.80 | -1.29% |
| South Dakota | 0.67 | 0.66 | -2.25% |
| Tennessee | 0.75 | 0.74 | -1.16% |
| Texas | 0.84 | 0.83 | -1.45% |
| Utah | 0.63 | 0.61 | -2.35% |
| Vermont | 0.75 | 0.74 | -2.40% |
| Virginia | 0.80 | 0.78 | -1.48% |
| Washington | 0.60 | 0.59 | -1.79% |
| West Virginia | 0.97 | 0.95 | -1.33% |
| Wisconsin | 0.62 | 0.61 | -1.41% |
| Wyoming | 0.80 | 0.78 | -1.97% |
Average number of past-due accounts broken out by VantageScore 3.0 credit score bands
| Credit score band | Average past-due accounts March–May 2022 | Average past-due accounts Oct.–Dec. 2022 | Percent change in past-due accounts |
| Subprime (300–600) | 1.625 | 1.620 | -0.28% |
| Near prime (601–660) | 1.002 | 0.965 | -3.69% |
| Prime (661–780) | 0.432 | 0.413 | -4.43% |
| Super prime (781–850) | 0.060 | 0.059 | -2.62% |
Average number of past-due accounts by generation
| Generation | Average past-due accounts March–May 2022 | Average past-due accounts Oct.–Dec. 2022 | Percent change in past-due accounts |
| Generation Z | 0.360 | 0.367 | 1.77% |
| Millennial | 0.732 | 0.722 | -1.39% |
| Generation X | 0.976 | 0.948 | -2.87% |
| Baby boomers | 0.698 | 0.674 | -3.37% |
| Silent | 0.530 | 0.512 | -3.41% |
Accounts in collections
For this report, accounts in collections are any credit card, mortgage, student loan, medical loan, auto lease or auto loan accounts that have been sent to collections agencies, according to their credit reports. Creditors may have different standards for when they transfer debt to collections, but the typical cutoff is 120 to 150 days past due. For this report, we’re able to determine if an account is in collections but not how many days past due it is.
Among Credit Karma members with accounts in collections, the average number of such accounts in October through December 2022 was 2.6, the same as in March through May 2022.
Keep in mind that this measure only looks at members who have accounts in collections, not the Credit Karma member population as a whole. That means that it only captures people who are already potentially struggling with their finances.
The table below shows the average number of accounts in collections for Credit Karma members who had accounts in collections by state.
| State | Among Credit Karma members with accounts in collections, the average number of accounts in collections for March–May 2022 | Among Credit Karma members with accounts in collections, the average number of accounts in collections for Oct.–Dec. 2022 | Percent change in accounts in collection |
| Alabama | 2.94 | 2.80 | -4.70% |
| Alaska | 1.77 | 1.91 | 8.11% |
| Arizona | 2.27 | 2.37 | 4.59% |
| Arkansas | 2.53 | 2.69 | 6.41% |
| California | 2.15 | 2.24 | 4.54% |
| Colorado | 2.21 | 2.33 | 5.00% |
| Connecticut | 2.14 | 2.28 | 6.38% |
| Delaware | 2.87 | 2.99 | 4.22% |
| District of Columbia | 1.69 | 1.78 | 5.52% |
| Florida | 2.52 | 2.58 | 2.55% |
| Georgia | 2.63 | 2.76 | 4.63% |
| Hawaii | 1.87 | 1.91 | 1.84% |
| Idaho | 2.47 | 2.60 | 5.05% |
| Illinois | 2.66 | 2.67 | 0.30% |
| Indiana | 2.84 | 2.84 | 0.05% |
| Iowa | 2.43 | 2.50 | 3.02% |
| Kansas | 3.21 | 3.43 | 6.99% |
| Kentucky | 3.20 | 3.08 | -3.95% |
| Louisiana | 2.56 | 2.64 | 3.22% |
| Maine | 3.36 | 3.40 | 1.39% |
| Maryland | 2.10 | 2.24 | 6.49% |
| Massachusetts | 1.86 | 1.97 | 5.88% |
| Michigan | 2.34 | 2.35 | 0.59% |
| Minnesota | 1.89 | 2.01 | 6.33% |
| Mississippi | 2.42 | 2.34 | -3.54% |
| Missouri | 3.02 | 3.06 | 1.21% |
| Montana | 2.67 | 2.98 | 11.56% |
| Nebraska | 2.25 | 2.26 | 0.52% |
| Nevada | 2.80 | 2.82 | 0.90% |
| New Hampshire | 2.04 | 2.12 | 4.20% |
| New Jersey | 2.09 | 2.19 | 4.81% |
| New Mexico | 2.36 | 2.42 | 2.55% |
| New York | 2.06 | 2.06 | 0.01% |
| North Carolina | 2.90 | 2.79 | -3.50% |
| North Dakota | 2.19 | 2.24 | 2.27% |
| Ohio | 2.77 | 2.85 | 3.01% |
| Oklahoma | 2.80 | 2.91 | 4.15% |
| Oregon | 1.92 | 2.06 | 7.20% |
| Pennsylvania | 2.38 | 2.38 | 0.06% |
| Rhode Island | 1.98 | 2.05 | 3.55% |
| South Carolina | 3.06 | 2.95 | -3.75% |
| South Dakota | 2.01 | 2.04 | 1.51% |
| Tennessee | 2.93 | 2.82 | -3.66% |
| Texas | 2.70 | 2.74 | 1.33% |
| Utah | 3.22 | 2.58 | -19.80% |
| Vermont | 2.08 | 2.04 | -1.65% |
| Virginia | 2.73 | 2.82 | 3.54% |
| Washington | 2.20 | 2.20 | -0.08% |
| West Virginia | 3.20 | 3.19 | -0.21% |
| Wisconsin | 3.58 | 3.46 | -3.29% |
| Wyoming | 3.54 | 3.61 | 1.99% |
Utah had the largest reduction in average number of accounts in collections — a whopping 19.8% decrease. Meanwhile Montana had the largest gain, with an 11.56% increase.
Average number of accounts in collections by VantageScore 3.0 credit score band
| Credit score band | Average number of accounts in collections for Credit Karma members March–May 2022 | Average number of accounts in collections for Credit Karma members Oct.–Dec. 2022 | Percent change in accounts in collections |
| Subprime (300–600) | 3.18 | 3.00 | -5.47% |
| Near prime (601–660) | 2.18 | 2.30 | 5.40% |
| Prime (661–780) | 1.25 | 1.65 | 31.81% |
| Super prime (781–850) | 0.63 | 1.31 | 107.57% |
There was an increase in the average number of accounts in collections among most score bands, especially in the super prime category.
Average number of past-due accounts by generation
| Generation | Average number of accounts in collections for Credit Karma members March–May 2022 | Average number of accounts in collections for Credit Karma members Oct.–Dec. 2022 | Percent change in accounts in collections |
| Generation Z | 2.09 | 2.13 | 1.54% |
| Millennial | 2.57 | 2.61 | 1.63% |
| Generation X | 2.76 | 2.81 | 1.66% |
| Baby boomers | 2.44 | 2.50 | 2.27% |
| Silent | 2.09 | 2.07 | -0.63% |
Average credit inquiries
For this report, credit inquiries are applications for new credit, such as credit cards or loans. During the October through December 2022, Credit Karma members averaged 4.2 credit inquiries, up slightly from March through May 2022. Among Credit Karma members, there was a median of three credit inquiries.
Credit Karma members in Colorado had the lowest average number of inquiries at 3.0, while members in Mississippi had the highest at 4.9.
| State | Credit Karma members’ average inquiries March–May 2022 | Credit Karma members’ average inquiries Oct.–Dec. 2022 | Percent change in inquiries |
| Alabama | 4.5 | 4.6 | 2.22% |
| Alaska | 3.6 | 3.6 | 0.00% |
| Arizona | 4.2 | 4.2 | 0.00% |
| Arkansas | 4.7 | 4.8 | 2.13% |
| California | 3.8 | 3.8 | 0.00% |
| Colorado | 3.1 | 3.0 | -3.23% |
| Connecticut | 3.9 | 3.9 | 0.00% |
| Delaware | 4.4 | 4.4 | 0.00% |
| District of Columbia | 3.7 | 3.8 | 2.70% |
| Florida | 4 | 4.2 | 5.00% |
| Georgia | 4.2 | 4.4 | 4.76% |
| Hawaii | 3.5 | 3.7 | 5.71% |
| Idaho | 3.6 | 3.6 | 0.00% |
| Illinois | 4.5 | 4.6 | 2.22% |
| Indiana | 4.6 | 4.7 | 2.17% |
| Iowa | 4.2 | 4.2 | 0.00% |
| Kansas | 4.3 | 4.4 | 2.33% |
| Kentucky | 4.7 | 4.8 | 2.13% |
| Louisiana | 4.3 | 4.4 | 2.33% |
| Maine | 4.2 | 4.2 | 0.00% |
| Maryland | 4.1 | 4.1 | 0.00% |
| Massachusetts | 3.5 | 3.5 | 0.00% |
| Michigan | 4.3 | 4.4 | 2.33% |
| Minnesota | 3.7 | 3.8 | 2.70% |
| Mississippi | 4.7 | 4.9 | 4.26% |
| Missouri | 4.4 | 4.5 | 2.27% |
| Montana | 3.8 | 3.8 | 0.00% |
| Nebraska | 4.1 | 4.1 | 0.00% |
| Nevada | 4 | 4.1 | 2.50% |
| New Hampshire | 3.9 | 3.9 | 0.00% |
| New Jersey | 3.8 | 3.9 | 2.63% |
| New Mexico | 4.2 | 4.3 | 2.38% |
| New York | 3.6 | 3.6 | 0.00% |
| North Carolina | 4.1 | 4.2 | 2.44% |
| North Dakota | 3.6 | 3.7 | 2.78% |
| Ohio | 4.5 | 4.5 | 0.00% |
| Oklahoma | 4.5 | 4.5 | 0.00% |
| Oregon | 3.5 | 3.5 | 0.00% |
| Pennsylvania | 4.2 | 4.2 | 0.00% |
| Rhode Island | 3.8 | 3.9 | 2.63% |
| South Carolina | 4.2 | 4.3 | 2.38% |
| South Dakota | 3.9 | 4.0 | 2.56% |
| Tennessee | 4.1 | 4.2 | 2.44% |
| Texas | 4.5 | 4.6 | 2.22% |
| Utah | 3.5 | 3.5 | 0.00% |
| Vermont | 4.3 | 4.2 | -2.33% |
| Virginia | 4 | 4.1 | 2.50% |
| Washington | 3.7 | 3.7 | 0.00% |
| West Virginia | 4.4 | 4.5 | 2.27% |
| Wisconsin | 4.6 | 4.5 | -2.17% |
| Wyoming | 3.9 | 4.0 | 2.56% |
Average number of credit inquiries by Credit Karma members by VantageScore 3.0 credit score band
| Credit score band | Average number of inquiries for Credit Karma members March–May 2022 | Average number of inquiries for Credit Karma members Oct.–Dec. 2022 | Percent change in inquiries |
| Subprime (300–600) | 5.40 | 5.80 | 7.38% |
| Near prime (601–660) | 4.66 | 4.50 | -3.60% |
| Prime (661–780) | 3.35 | 3.18 | -5.00% |
| Super prime (781–850) | 2.35 | 2.21 | -5.96% |
Average number of credit inquiries by Credit Karma members by generation
| Generation | Average number of inquiries for Credit Karma members March–May 2022 | Average number of inquiries for Credit Karma members Oct.–Dec. 2022 | Percent change in inquiries |
| Generation Z | 3.56 | 3.58 | 0.62% |
| Millennial | 4.13 | 4.19 | 1.38% |
| Generation X | 4.56 | 4.69 | 2.74% |
| Baby boomers | 3.65 | 3.77 | 3.13% |
| Silent | 2.92 | 2.97 | 1.78% |
Methodology
This report drew on 78.2 million Credit Karma users who had been active on the site within the last 36 months. All aggregate data analyzed was pulled on Jan. 6, 2023, and came from members’ TransUnion credit reports. Averages were based on information from the previous 90 days.
For any sections relating to city-based metrics, the study only considered the 100 largest U.S. cities by population according to the 2021 U.S. Census estimates.