Chart Detail

Median household debt, by race and ethnicity, 1983–2010 (thousands of 2010 dollars)

White Black Hispanic Median black debt as a share of white Median Hispanic debt as a share of white
1983 $7.9 $1.6 20.2%
1989 13.7 1.4 10.3
1998 21.4 3.7 $5.2 17.5 24.4%
2001 23.8 7.4 4.9 31.1 20.7
2007 34.7 12.1 14.7 35.0 42.4
2010 37.0 8.3 10.0 22.4 27.0
Change
1983–2007 337.8% 659.0%
2007–2010 6.6 -31.6 -32.1

Source: Wolff (2012)

Updated August 22, 2012

Documentation and methodology

See note to Table 6.1.

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