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Median US Bank Balances Broken Down by Age and Education

Original: How Much Money Americans Keep in the Bank: Median Balances by Age, Family Type, and Education

New data compiled by Investopedia shows the median amount of money Americans hold in bank accounts, broken down by age group, family type, and level of education. The figures highlight wide gaps in savings across demographics, with balances generally rising with age and educational attainment. The breakdown is drawing attention as households weigh inflation and financial security.

Why now: Ongoing concern about household savings, inflation and financial security is driving interest in comparisons of typical bank balances.

InvestopediaUnited States

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