In 2022, approximately 59 percent of all households in the United States saved money. However, the share of American families that manage to save varied significantly according to their ethnicity. White non-Hispanic households appeared to be the most likely to save (60.2 percent), whereas Hispanic or Latino households were the least likely to save (40.3 percent).
Percentage of households that saved in the United States in selected years from 2001 to 2022, by ethnicity
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Other statistics that may interest you Personal savings in the United States
Overview
6
- Basic Statistic Monthly personal savings as a share of disposable income in the U.S. 2015-2024
- Premium Statistic Mean and median amount of personal savings in the U.S. 2022-2023, by type
- Basic Statistic Personal savings in the U.S. 1960-2023
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Household savings
6
- Basic Statistic Household savings in the U.S. 2000-2022
- Basic Statistic Time and savings deposits of households and nonprofit organizations U.S. 2000-2022
- Premium Statistic Share of families that saved in the U.S. 2001-2022, by ethnicity
- Premium Statistic Share of families that saved in the U.S. 2004-2022, by work status
- Premium Statistic Share of families with savings bonds in the U.S. 2007-2022, by age of family head
- Premium Statistic Financial instruments owned by children in the U.S. 2022
College savings
4
- Premium Statistic Households saving for college in the U.S. 2020-2022, by age of household head
- Basic Statistic Total Education tax savings for college students U.S. 2002-2023
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- Premium Statistic 529 college savings average account balance in the U.S. 2016-2022
Retirement savings
7
- Premium Statistic Adults with any retirement savings in the U.S. 2021-2022, by age group
- Premium Statistic Opinion of Americans on state of their retirement savings 2022, by ethnicity
- Premium Statistic Confidence in progress toward retirement goals for individuals in the U.S. 2023
- Premium Statistic Household retirement savings in the U.S. 2020-2022, by amount
- Premium Statistic Value of assets invested in IRAs in the U.S. 2022, by type
- Premium Statistic Probability of outliving their savings in the U.S. 2020-2023
- Premium Statistic Leading challenges of individuals saving for retirement in the U.S. 2023
Saving practices
6
- Basic Statistic Reasons why families saved in the U.S. 2010-2022
- Premium Statistic Goals in New Year's financial resolution in the U.S. 2022
- Premium Statistic Factors that are holding back Americans from saving for a down payment 2022
- Premium Statistic Major obstacles to saving for a down payment among American homebuyers 2022, by age
- Premium Statistic Emergency bill: savings, credit card, borrow vs personal loan U.S. 2023
- Premium Statistic Bank account and service complaints reported CFPB in the U.S. 2022
Impact of the economy on savings
3
Further related statistics
18
- Household savings rate as a share of disposable income in Sweden 2008-2021
- Household savings as a share of disposable income in Norway 2008-2021
- Annual percentage change in the saving rate of households in Romania 2016-2021
- Amount saved by families in the U.S. 2014, by purpose and time span
- French household savings rate 2013-2022
- Household savings rate in France 2010-2020
- Households long-term savings in France 2020-2021, by saving product
- Personal savings rate in South Korea 2012-2022
- Households housing savings rate by household type in France 2018
- Adults without any savings in Great Britain 2013-2014, by age group
- Retirement saving rate in the United Kingdom in 2005-2016
- Income distribution in Russia 2022, by spending and savings
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- Liquid savings per household in Great Britain 2012
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- Satisfaction with amount of savings in China 2007-2015
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Statistics
- Household savings rate as a share of disposable income in Sweden 2008-2021
- Household savings as a share of disposable income in Norway 2008-2021
- Annual percentage change in the saving rate of households in Romania 2016-2021
- Amount saved by families in the U.S. 2014, by purpose and time span
- French household savings rate 2013-2022
- Household savings rate in France 2010-2020
- Households long-term savings in France 2020-2021, by saving product
- Personal savings rate in South Korea 2012-2022
- Households housing savings rate by household type in France 2018
- Adults without any savings in Great Britain 2013-2014, by age group
- Retirement saving rate in the United Kingdom in 2005-2016
- Income distribution in Russia 2022, by spending and savings
- Total interest added to savings accounts in the Netherlands 2016-2017
- Liquid savings per household in Great Britain 2012
- Share of expense from income and savings 2017-18, by religion
- Share of expense from income and saving 2017-18, by social group
- Satisfaction with amount of savings in China 2007-2015
- Share of retirement income needed vs received globally 2018, by country
Federal Reserve. (October 24, 2023). Percentage of households that saved in the United States in selected years from 2001 to 2022, by ethnicity [Graph]. In Statista. Retrieved March 19, 2024, from https://www.statista.com/statistics/246189/families-that-saved-in-the-united-states-by-ethnicity/
Federal Reserve. "Percentage of households that saved in the United States in selected years from 2001 to 2022, by ethnicity." Chart. October 24, 2023. Statista. Accessed March 19, 2024. https://www.statista.com/statistics/246189/families-that-saved-in-the-united-states-by-ethnicity/
Federal Reserve. (2023). Percentage of households that saved in the United States in selected years from 2001 to 2022, by ethnicity. Statista. Statista Inc.. Accessed: March 19, 2024. https://www.statista.com/statistics/246189/families-that-saved-in-the-united-states-by-ethnicity/
Federal Reserve. "Percentage of Households That Saved in The United States in Selected Years from 2001 to 2022, by Ethnicity." Statista, Statista Inc., 24 Oct 2023, https://www.statista.com/statistics/246189/families-that-saved-in-the-united-states-by-ethnicity/
Federal Reserve, Percentage of households that saved in the United States in selected years from 2001 to 2022, by ethnicity Statista, https://www.statista.com/statistics/246189/families-that-saved-in-the-united-states-by-ethnicity/ (last visited March 19, 2024)
Percentage of households that saved in the United States in selected years from 2001 to 2022, by ethnicity [Graph], Federal Reserve, October 24, 2023. [Online]. Available: https://www.statista.com/statistics/246189/families-that-saved-in-the-united-states-by-ethnicity/