VIRGINIA (WAVY) -- The average household debt in Virginia increased in the third quarter of 2025.

Analysts at WalletHub reported on Nov. 6 that the average household debt in Virginia has increased by $697 in the third quarter of 2025 since the second quarter of this year. This means that Virginia owes about $202,615 in debt.

“A big increase in a state’s average household debt can be a sign that residents are struggling financially," WalletHub Analyst Chip Lupo said. "For example, inflation may be pushing people to borrow more just to afford necessities. However, residents of some states may be able to handle an increased debt load well, which is why it’s important to also consider delinquency rates to see whether people have enough income and good enough budgeting skills to keep up with

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