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Verified November 2026

What is the median bank account balance in the U.S.?

The typical U.S. household holds about $7,850 across checking, savings, and money market accounts combined, a direct recomputation of the Fed's 2022 Survey of Consumer Finances microdata (the Fed's own published figure: $8,000).

This figure comes directly from Federal Reserve Survey of Consumer Finances (2022), via SwitchWize Research, refreshed from live rate data — not a fixed estimate. It is not personalized financial advice; your own best move depends on your bank, balance, and goals.

See balances by income and age bracket

Reviewed November 10, 2026 by the SwitchWize Research Desk.

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