U.S. families owning transaction accounts in 2016, by income

The statistic represents the percentage of U.S. families owning transaction accounts in 2016, by income percentile. In the 20 to 39.9 percentile category, 96.3 percent of families owned transaction accounts.

Percentage of U.S. families owning financial transaction accounts in 2016, by income percentile

Income percentile	Percentage of families
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Release date

December 2019

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Region

United States

Survey time period

2016

Supplementary notes

Note: Percentiles of income distribution in 2007 dollars: 20th: $20,600; 40th: $36,500; 60th: $59,600; 80th: $98,200; 90th: $140,900. Percentiles of distribution of net worth in 2007 dollars: 25th: $14,100; 50th: $120,300; 75th: $372,000; 90th: $908,200. Percentile: A value on a scale of zero to 100 that indicates the percent of a distribution that is equal to or below it.
* Checking, savings, and money market deposit accounts, money market mutual funds, and call accounts at brokerages.

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