Banking status of U.S. households 2017, by education

This statistic presents the banking status of households in the United States in 2017, by education. It was observed that over 22.4 percent of the U.S. households, in which the family head had no high school diploma, were unbanked in 2017 (had no account at an insured institution).

Banking status of households in the United Status 2017, by education

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Source

Release date

October 2018

Region

United States

Survey time period

2017

Number of respondents

35,217 households

Supplementary notes

Total number of survey respondents: 35,217.
Unbanked households are those without an account at an insured institution.
Underbanked households have an account at an insured institution, but have also obtained financial services and products from non-bank, alternative financial services (AFS) providers in the last 12 months.

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