Transaction accounts owned by U.S. families 2016, by income percentile

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

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Release date

December 2019


United States

Survey time period


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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