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| December 8, 2025 |
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Are Californians on a spending binge?
SOUTHLAND – (INT) – Inflation or no inflation, Californians are opening their wallets.
California Stats • Increase in California Debt: The average debt in California increased by $880 in Q3 2025. • Average California Household Debt: The average household in California owes $259,773 in debt. • California Rank: California’s debt increase ranks as the 2nd largest in the nation. • By comparison, the nationwide average household owed a total of $154,152 at the end of Q3 2025, which is $13,466 below the all-time high. The stats are based on new data from TransUnion and the Federal Reserve. Story Date: November 17, 2025
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