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Share of families with debt in the United States 2016, by debt type and ethnicity

Share of families with debt in the United States in 2016, by debt type and ethnicity
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The data describes the share of families with debt in the U.S. in 2016, by debt type and ethnicity. It was found that 49.8% of white non-Hispanic families had debt secured by their primary residence.

Installment loans 65.5 75.2 61.8 73.1
Debt secured by primary residence 49.8 31.5 32.2 39.7
Credit card balances 42.1 47.8 49.6 44.1
Lines of credit not secured by residential property 1.8 2.5 1.9
Other residential debt 6.6 2.7 3.3 6.1
Other 5.1 5.9 4.7 7.1

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