Credit Karma Study

November 23, 2022

According to U.S. Census 2020-2021 estimates, San Jose, California is one of the 10 most populous cities in America. This is significantly less than the 1,000,000 people who were reported in April 2020. Credit Karma data for August 17, 2022 shows that the average total debt of the 205.353 Credit Karma members living in San Jose is $103,038. This includes auto loans, auto leases as well as student loans, student loans, mortgages, credit cards balances and medical debt. (Click here to see the complete methodology.

Continue reading to see a snapshot on debt in San Jose.

Snapshot of Credit Karma Stat

Total debt in San Jose

Credit Karma members in San Jose had a total debt of $35.4 billion. Individuals had an average total debt of $103,038. The median overall debt for individuals was $9,424, making this one of the largest gaps in between the average and median total debts of Credit Karma members living in the 100 largest U.S. towns. This debt has an average next payment of $722.

Credit Karma members have an average national debt of $49,454 and a median of $11,223.

San Jose‘s debt dial

Image: An orange heat dial labeled with low debt on the left side and high debt on the right. The hand of the dial leans far to the right, illustrating that credit karma members in San Jose have the second highest average overall debt compared to the other top 100 U.S. cities by population.

Student loans, auto loans, mortgages, and credit card debt in San Jose

Below is a table that shows averages and medians of different types debts among Credit Karma members in San Jose.

Debt type

Credit Karma members who have debt type

Average debt

Median debt

Average next payment
Auto loan 130,669 $24,187 $18,991 $603
Student loan 52,353 $30,337 $13,686 $51
Hypothec Mortgage 61,856 $620,008 $508,733 $3,352
Credit card 201,633 $7,106 $3,326 $194

How does San Jose’s population compare with the national averages of its members? Below is a table which compares the national average to the averages for San Jose Credit Karma members.

Debt type

Average national credit of Credit Karma members

San Jose member average debt
Auto loan $24,042 $24,187
Student loan $32,004 $30,337
Hypothec Mortgage $235,194 $620,008
Credit card $6,469 $7,106

Credit Karma members in San Jose had greater debt than the national average across all categories except student loan debt. The average San Jose mortgage debt is $385,000 higher than the national average.

Where does San Jose rank in comparison to other cities?

We compared the average Credit Karma member living in 100 top cities by population, according to U.S. Census population estimates for 2021.

Credit Karma members have the second highest overall average debt in San Jose, out of 100 cities. San Jose is among three cities with an average debt greater than $100,000.

Here are the rankings of San Jose against other top 100 American cities.

  • Auto loan debt 38th
  • Credit card debt: 17th highest
  • Student loan debt: 69th highest
  • Mortgage debt: 2nd highest

Credit inquiries, past-due accounts and credit inquiries in San Jose

Credit Karma members in San Jose had an average VantageScore 3.0 credit score of 707 and a median of 733. Both are good. Credit Karma members had a national average VantageScore 3.0 score of 673 and a median score of 682.

Members in San Jose had an average of 3.0 inquiries on their credit reports. The national average was 4.2.

Average San Jose residents have 0.52 accounts 30 days overdue. Nationally, the average account is 0.74.


We analyzed accounts of around 205,000 Credit Karma members who were active within the past 36 months to determine the averages for each type of debt. This included auto lease, auto loan and credit card. The averages were calculated using information from TransUnion credit reports for members from the 90-day period prior to data pull on Aug. 17, 2022. This analysis includes auto lease, credit card, student loan, mortgage, credit card, and auto loan. Unpaid balances on open accounts at the time of data pull are all included. All numbers were round to the nearest whole in this report.

All data in this article were pulled Aug. 17, 2022.