As of between April 2022 and June 2023, the median amount of savings that adults had in their balance in the United States decreased significantly. The average savings balance also decreased, according to a survey. The reason for the disparity between the median and mean values is that the answers of those respondents with very high savings that distort the results of the mean, but not the median.
Mean and median amount of personal savings in the United States from 2022 to 2023, by type
(in U.S. dollars)
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The Motley Fool. (October 18, 2023). Mean and median amount of personal savings in the United States from 2022 to 2023, by type (in U.S. dollars) [Graph]. In Statista. Retrieved November 06, 2024, from https://www.statista.com/statistics/1356265/mean-and-median-amount-of-savings-in-the-us-by-type/
The Motley Fool. "Mean and median amount of personal savings in the United States from 2022 to 2023, by type (in U.S. dollars)." Chart. October 18, 2023. Statista. Accessed November 06, 2024. https://www.statista.com/statistics/1356265/mean-and-median-amount-of-savings-in-the-us-by-type/
The Motley Fool. (2023). Mean and median amount of personal savings in the United States from 2022 to 2023, by type (in U.S. dollars). Statista. Statista Inc.. Accessed: November 06, 2024. https://www.statista.com/statistics/1356265/mean-and-median-amount-of-savings-in-the-us-by-type/
The Motley Fool. "Mean and Median Amount of Personal Savings in The United States from 2022 to 2023, by Type (in U.S. Dollars)." Statista, Statista Inc., 18 Oct 2023, https://www.statista.com/statistics/1356265/mean-and-median-amount-of-savings-in-the-us-by-type/
The Motley Fool, Mean and median amount of personal savings in the United States from 2022 to 2023, by type (in U.S. dollars) Statista, https://www.statista.com/statistics/1356265/mean-and-median-amount-of-savings-in-the-us-by-type/ (last visited November 06, 2024)
Mean and median amount of personal savings in the United States from 2022 to 2023, by type (in U.S. dollars) [Graph], The Motley Fool, October 18, 2023. [Online]. Available: https://www.statista.com/statistics/1356265/mean-and-median-amount-of-savings-in-the-us-by-type/