According to a study by the financial site lendingtree.com, Americans owe a median of $24,668 in non-mortgage debt.
This number differs by generation with Gen-X adults, or adults between the age of 44 to 59, having the highest median non-mortgage debt.
The study also breaks down non-mortgage debt for each generation by the top 100 largest metros in the United States.
Phoenix was at or near the top 20 for non-mortgage debt for Gen-Z, Millennial, and Gen-X adults. Baby Boomer adults in the Valley show a much smaller comparable debt load, ranking 69 out of 100.
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