Indiana, Michigan and Ohio are among the states with the smallest household debt increase, according to a new study.

A new study from personal-finance company Wallethub shows household debt rose to $19.1 trillion in the third quarter.

Total household debt increased by $166 million during the third quarter, an increase of 131% over the same time period in 2025. The average household owes nearly $158,000 — which is still lower than the record amount.

Indiana ranked 41st on the list, making it one of the ten states with the smallest average household debt increase. Michigan ranked 40th, Ohio 43rd. The report also says the ratio between total household debt and assets is 8.7%, maintaining a very healthy level.

You can find a link to the report by clicking here.