Utah's household debt jumps over $1B in 3 months — here's where we rank nationally [Yahoo! Finance]
TransUnion (TRU)
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Source: Yahoo! Finance
to $17.94 trillion, according to the Federal Reserve Bank of New York — and Utah's portion was more than $1 billion. In the Beehive State alone, household debt increased by $1,066,964,607 from the second quarter of 2024 to the third quarter, according to WalletHub's analysis of data from TransUnion and the Federal Reserve. Man drives through front of dealership after being told he can't return car WalletHub said data shows the average household debt in Utah was $236,197 in Q3, with an average increase of $1,004 per household compared to Q2. Compared to other states, Utah saw the fourth-largest household debt increase from Q2 to Q3 in 2024. Hawaii took first place, meaning it had the largest increase. The states with the largest household debt increases are as follows: Hawaii California Colorado Utah Washington “A big increase in a state's average household debt can be a sign that residents are struggling financially,” WalletHub analyst Chip Lupo said. “For exampl
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TRU
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- 10/23/24 - Beat
TRU
Sec Filings
- 12/17/24 - Form 8-K
- 12/4/24 - Form 4
- 12/4/24 - Form 4
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