More Americans are using credit cards than ever before.
And while the average percentage of Americans carrying credit card debt has been on the decline over the past ten years, the average credit card debt amount has been increasing, according to ValuePenguin, who recently explored data from the US Census Bureau and the Federal Reserve to take a closer look at credit card debt.
ValuePenguin found that more than 40% of all U.S. households carry credit card debt, with the average American household carrying a balance of $5,700. For only indebted households, which excludes people who pay their balances in full every month, the average debt is $9,333.
However, this average varies across different regions in the US. Using data from S&P Global Market Intelligence, ValuePenguin broke down the average credit card debt by state to highlight how location plays a factor.
Click here to visit Business Insider and see the average credit card debt in every state, ranked from lowest to highest. Spoiler alert: Wisconsin is #42 with an average credit card debt of $6,484.