The only thing that COULD make sense is that OP is referencing household income and the article is reporting average American. I could see some mental gymnastics to get a household average of 101915 with some data points that are missing when the average household consists of 90% 2 adults. But yea, you are correct I didn’t see the $101,915 mentioned either.
How is that possible when mortgages and student loan debt is factored in? Also I wonder why they excluded medical debt. Maybe they consider these things more “voluntary”
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The only thing that COULD make sense is that OP is referencing household income and the article is reporting average American. I could see some mental gymnastics to get a household average of 101915 with some data points that are missing when the average household consists of 90% 2 adults. But yea, you are correct I didn’t see the $101,915 mentioned either.
How is that possible when mortgages and student loan debt is factored in? Also I wonder why they excluded medical debt. Maybe they consider these things more “voluntary”
There are tons of people who have neither a mortgage nor student loans, which certainly mitigates the average
Medical debt is kinda ghost debt in a lot of ways. There are a lot of situations where it doesn’t count against you.
Sorry, here… https://www.fool.com/the-ascent/research/average-household-debt/#:~:text=American households carry a total,of the end of 2022.