Colorado’s Average Debt Soars Past $90,000 — Here’s Why It Matters

Debt is top of mind for many Colorado residents. There is no perfect way to pay off debt. However, there are many ways you can make mistakes while trying to pay off debt.

Colorado’s Average Debt Soars Above the National Average

According to new data from Compare the Market, the average American has $58,725 in debt. Believe it or not, the average debt of a Colorado resident is much higher.

Compare the Market compiled data and found that Colorado residents have more debt than the rest of the nation. On average, a Colorado resident has a personal debt of $90,540. That amount is over 50 percent above the national average.

Residents of California are next regarding the most in debt, followed by Washington, Hawaii, and Utah.

Colorado Debt Climbs Higher Than Last Year

This figure is more than the average in 2024. Last year, the average debt for a Colorado resident was $84,730.

READ MORE: Learn More About Debt Figures for Colorado Residents Last Year

According to the data we found last year, Colorado residents had the third-highest average of debt. In 2025, that number is drastically different.

Aurora Leads Colorado in Credit Card Debt

We also found that the city of Aurora has the highest credit card debt in the state of Colorado. Aurora also happens to be one of the nation's leaders as well. The average Aurora resident has $14,199 in credit card debt.

READ MORE: Other Colorado Cities That Have Large Credit Card Debt on Average

Debt is an incredibly frustrating issue to deal with. Just know that you are not alone.