Americans are carrying more debt than ever before, and new data shows Houston residents are among the most burdened in the nation.
Total household debt in the United States has climbed to a record $18.8 trillion, raising concerns as many families continue to grapple with higher costs for housing, groceries, insurance and other essentials.
The problem is especially pronounced in Houston.
According to a recent LendingTree analysis of the 50 largest U.S. metropolitan areas, Houston ranks as the third most debt-ridden major metro in America, with residents carrying an average of $44,640 in non-mortgage debt. Only Austin ($45,920) and San Antonio ($44,812) ranked higher.
The average non-mortgage debt across the nation’s 50 largest metros is…