What’s the Typical U.S. Bank Balance? The Data Explained
Key Takeaways Median bank account balances in the U.S. range from $5,400 for those under 35 to $13,400 for ages 65–74, according to Federal Reserve data. Couples—with and without kids—report higher median savings than single households. College-educated households have the highest bank balances. The data reflects median—not average—savings, offering a more accurate snapshot of what […]
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