Verified September 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 bracketReviewed September 26, 2026 by the SwitchWize Research Desk.