According to a Federal Reserve survey, 46.2% of all families now carry a credit card balance. This is up from 44.4% in 2001. Households are also carrying higher balances; the mean balance is now $5,100 ($4,400 in 2001) and the median balance is $2,200 ($2,000 in 2001). The median income is currently $43,200 and the typical family's credit card balance is now almost 5% of their annual income.
Credit Card,Household Debt
Recent Changes in U.S. Family Finances: Evidence from the 2001 and 2004 Survey of Consumer Finances