All families |
|
|
Percent of all families with credit cards |
72.9% |
68.0% |
Percent of all families with credit card balance |
46.1 |
39.4 |
Median amount of credit card balance ($000) |
$3.1 |
$2.6 |
Families with credit card balance |
|
|
By percentile of income |
|
|
Less than 20 |
25.7% |
23.2% |
20 to 39.9 |
39.5 |
33.4 |
40 to 59.9 |
54.8 |
45.0 |
60 to 79.9 |
62.1 |
53.1 |
80 to 89.9 |
55.8 |
51.0 |
90 to 100 |
40.6 |
33.6 |
Median amount of credit card balance ($000) |
|
|
By percentile of income |
|
|
Less than 20 |
$1.0 |
$1.0 |
20 to 39.9 |
1.9 |
1.5 |
40 to 59.9 |
2.5 |
2.2 |
60 to 79.9 |
4.2 |
3.1 |
80 to 89.9 |
5.8 |
2.9 |
90 to 100 |
7.9 |
8.0 |
|
(1) All 2007 dollars adjusted to 2010 dollars.
Note: Latest data available. Based on surveys conducted every three years.
Source: Survey of Consumer Finances, Board of Governors of the Federal Reserve System.