Illinois Household Debt Hits $54,100 Per Resident

Recent figures reveal that the average person in Illinois held $54,100 in debt during 2025. This total includes mortgages, student loans, credit cards, and auto loans for individuals with credit scores. When adjusted for inflation, this represents a small decrease of $745 compared to the prior year.

Most of this debt comes from home loans. Mortgages make up roughly 67.5% of total household obligations in the state. Because these loans involve long repayment terms and high housing costs, they remain the largest financial burden for most families.

Debt levels vary significantly across the state. Residents in Kendall County show the highest debt to income ratio at 5.31, while Brown County residents sit at the bottom with a ratio of 0.26. For those watching the broader economy, these numbers provide a snapshot of consumer financial health and spending power in the region.