New York has fourth-highest household debt in US — and it’s getting worse

New York state residents have the fourth highest personal household debt in the country — and the burden is only growing heavier, according to a recent government report.

The office of Comptroller Thomas DiNapoli released a report this week indicating that New Yorkers were carrying an average household debt of $53,830 as of the fourth quarter of last year.

The report noted that while New York was still below the national average of $55,810, the state was still well above the national average when factoring in just student loans and credit card debt per capita.