Tracking debt: Which generation owes the most?

(NewsNation) — Mortgages make up the bulk of household debt but a new analysis shows most Americans owe thousands of dollars beyond their home loans, with members of Gen X carrying the highest balances.

Across the 100 largest metros in the U.S., the median non-mortgage debt is $24,668, according to online lending marketplace LendingTree. Gen Xers, between 44 and 59 years old, owed $33,859, the most across the four generations studied.

Millennials weren’t far behind, owing $30,558 across non-mortgage loans, including credit cards, auto loans, student loans, and personal loans.

Debt levels also vary widely by region. Consumers in McAllen, Texas, have the highest auto debt across all generations, LendingTree found.

Gen Zers in Northeast cities like Boston ...
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