The chart highlights the surge in household debt growth from 2020 to 2025, revealing the states with the highest financial burdens. California records the largest increase at $0.6 trillion, reflecting its high cost of living and significant borrowing trends. Texas follows with $0.4 trillion, emphasizing rapid population and housing growth. New York, Florida, and Illinois each register $0.3 trillion, showing notable debt accumulation across major urban centers. North Carolina reaches $0.22 trillion, while Washington, Michigan, and Ohio are tied at $0.2 trillion, representing steady but moderate increases. Arizona, Georgia, and New Jersey each report $0.18 trillion, followed by Virginia at $0.17 trillion and Massachusetts at $0.16 trillion. Smaller but still impactful growth is seen in Indiana at $0.15 trillion, Pennsylvania and Tennessee at $0.14 trillion, and Missouri at $0.13 trillion, underscoring widespread upward debt trends across the country.
| Labels | Total Debt Growth (2020–2025 USD billions) |
|---|---|
| California | 0.6 |
| Texas | 0.4 |
| New York | 0.3 |
| Florida | 0.3 |
| Illinois | 0.3 |
| North Carolina | 0.22 |
| Washington | 0.2 |
| Michigan | 0.2 |
| Ohio | 0.2 |
| Arizona | 0.18 |
| Georgia | 0.18 |
| New Jersey | 0.18 |
| Virginia | 0.17 |
| Massachusetts | 0.16 |
| Indiana | 0.15 |
| Pennsylvania | 0.14 |
| Tennessee | 0.14 |
| Missouri | 0.13 |
