In 2019, 62.2 percent of American families, in which the family head was self-employed, managed to save money. Self-employed households were the most likely to save. For families in which the breadwinner was retired, 50 percent managed to save money in the same year.
Share of households that saved money in the United States from 2004 to 2019, by work status of head
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Other statistics that may interest you Personal savings in the United States
Overview
7
- Basic Statistic Monthly personal savings as a share of disposable income in the U.S. 2015-2023
- Premium Statistic Mean and median amount of personal savings in the U.S. 2022, by type
- Basic Statistic Personal savings in the U.S. 1960-2022
- Basic Statistic Savings and other checkable deposits in the U.S. 2020-2023
- Premium Statistic Amount of money saved in savings accounts in the U.S. 2020-2022
- Premium Statistic Savings and investments held by employees in the U.S. 2021
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Household savings
6
- Basic Statistic Household savings in the U.S. 2000-2021
- 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. 2001-2019, by ethnicity
- Premium Statistic Share of families that saved in the U.S. 2004-2019, by work status
- Premium Statistic Share of families with savings bonds in the U.S. 2007-2019, 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. 2001-2022
- Basic Statistic Assets of section 529 savings plan in the U.S. 2009-2022
- Premium Statistic 529 college savings average account balance in the U.S. 2016-2021
Retirement savings
6
- 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 2021, by ethnicity
- Premium Statistic Drivers for starting to save for retirement in the U.S. 2020-2021
- Premium Statistic Household retirement savings in the U.S. 2020-2021, 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. 2020-2022
Saving practices
6
- Basic Statistic Reasons why families saved in the U.S. 2010-2019
- 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 2021
- 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. 2022
- Premium Statistic Bank account and service complaints reported CFPB in the U.S. 2022
Impact of the economy on savings
5
- Premium Statistic Adults who spent money from their savings due to inflation in the U.S. 2022, by age
- Premium Statistic Main reasons why people could not save more in the U.S. 2022
- Premium Statistic Share of people who have delayed financial milestones in the U.S. 2022
- Premium Statistic Share of people who avoided expenditures in the U.S. 2022
- Premium Statistic Actions people have found most effective to save money worldwide 2022
Further related statistics
18
- Households long-term savings in France 2020-2021, by saving product
- French households savings rate 2010-2022
- Households housing savings rate by household type in France 2018
- Household financial savings rate in France 2000-2021
- Annual percentage change in the saving rate of households in Romania 2016-2021
- Italy: average household saving rate 2010-2016
- Personal savings rate in South Korea 2010-2021
- Savings rate of households in selected countries worldwide 2010-2020
- Families with savings in the United Kingdom (UK) 2014, by savings
- Reasons for saving money in Sweden 2018, by gender
- Italy: family savings 2016
- Most trusted currencies when it comes to saving money in Romania 2020
- LatAm: out-of-home entertainment budget cuts for saving household expenses 2018
- Share of the French population able to save money by consuming less 2013-2020
- Share of French people who save 20 percent of their income or more monthly 2017-2019
- Business centers: average number of full time employees in France 2015
- Fatality rate from occupational injuries in the U.S. by employee status, 2006-2019
- Number of deaths from occupational injuries in the U.S. by employee status, 2003-2019
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Statistics
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- Household financial savings rate in France 2000-2021
- Annual percentage change in the saving rate of households in Romania 2016-2021
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- Reasons for saving money in Sweden 2018, by gender
- Italy: family savings 2016
- Most trusted currencies when it comes to saving money in Romania 2020
- LatAm: out-of-home entertainment budget cuts for saving household expenses 2018
- Share of the French population able to save money by consuming less 2013-2020
- Share of French people who save 20 percent of their income or more monthly 2017-2019
- Business centers: average number of full time employees in France 2015
- Fatality rate from occupational injuries in the U.S. by employee status, 2006-2019
- Number of deaths from occupational injuries in the U.S. by employee status, 2003-2019
Federal Reserve. (November 17, 2020). Share of households that saved money in the United States from 2004 to 2019, by work status of head [Graph]. In Statista. Retrieved October 04, 2023, from https://www.statista.com/statistics/246212/families-that-saved-in-the-united-states-by-work-status-of-head/
Federal Reserve. "Share of households that saved money in the United States from 2004 to 2019, by work status of head." Chart. November 17, 2020. Statista. Accessed October 04, 2023. https://www.statista.com/statistics/246212/families-that-saved-in-the-united-states-by-work-status-of-head/
Federal Reserve. (2020). Share of households that saved money in the United States from 2004 to 2019, by work status of head. Statista. Statista Inc.. Accessed: October 04, 2023. https://www.statista.com/statistics/246212/families-that-saved-in-the-united-states-by-work-status-of-head/
Federal Reserve. "Share of Households That Saved Money in The United States from 2004 to 2019, by Work Status of Head." Statista, Statista Inc., 17 Nov 2020, https://www.statista.com/statistics/246212/families-that-saved-in-the-united-states-by-work-status-of-head/
Federal Reserve, Share of households that saved money in the United States from 2004 to 2019, by work status of head Statista, https://www.statista.com/statistics/246212/families-that-saved-in-the-united-states-by-work-status-of-head/ (last visited October 04, 2023)
Share of households that saved money in the United States from 2004 to 2019, by work status of head [Graph], Federal Reserve, November 17, 2020. [Online]. Available: https://www.statista.com/statistics/246212/families-that-saved-in-the-united-states-by-work-status-of-head/