Household Financial Obligations as a Percent of Disposable Personal Income

Description: 

Household financial obligations as a percent of disposable personal income.

Methodological Notes: 

Household financial obligations consist of estimated required payments on outstanding mortgage and consumer debt, automobile lease payments, rental payments on tenant-occupied property, homeowners’ insurance, and property tax payments. Disposable personal income is total household income after taxes. Annual estimates are an average of quarterly estimates.