States With the Largest and Smallest Debt Increases (2025)

from WalletHub, Nov 6, 2025

Access to the wide variety of loan products on the market today has made it easier for Americans to purchase what they need when they need it. This convenience comes with a price, though. Not only do loans charge interest rates and fees, but they also add to your overall debt load, which can hurt your credit score. With household consumer debt reaching $18.59 trillion nationwide in the third quarter of 2025, it’s clear that Americans are leveraging the loan opportunities available today.

While consumers in some states are adding to their debt at an alarming rate, others are contributing less to the nationwide debt increase. To determine the states with the largest and smallest household debt increases, WalletHub compared the 50 states based on the latest data available from TransUnion and the Federal Reserve from Q2 2025 to Q3 2025.

Hawaii Stats

• Increase in Hawaii Debt: The average debt in Hawaii increased by $975 in Q3 2025 -- #1 in USA.
• Average Hawaii Household Debt: The average household in Hawaii owes $287,742 in debt -- #1 in USA.
• Hawaii Rank: Hawaii’s debt increase ranks as the largest in the nation.

National Stats

• Q3 Results: Total household debt increased by $69 billion during Q3 2025. That is 19% less than the increase in Q3 2024.
• Household Average: The average household owed a total of $154,152 at the end of Q3 2025, which is $13,466 below the all-time high.
• Total Debt-to-Deposits Ratio: The ratio of total household debt to deposits indicates consumers are in a stable position. It's still below pre-Covid levels and roughly 46% lower than the early-2000s peak.
• Total Debt-to-Assets: The ratio between total household debt and assets, at 9.36%, continues to be at a very healthy level.

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