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Distribution of family debt in the United States 2010-2016

Distribution of family debt in the United States from 2010 to 2016, by purpose

The data displays the purpose of family debt in the U.S. from 2010 to 2016. It was found that 76.1% of the household debt in the U.S. was attributable to primary residence purchase in 2016.

Primary residence purchase 79.5 79.6 76.1
Education 5.8 7.1 8.8
Vehicles 4.7 5.1 6.3
Goods and services 5.2 4 4.3
Investment excluding real estate 2.5 2.1 2.5
Primary residence improvement 1.9 1.7 1.5
Other residential property 0.4 0.5 0.5