The average savings account balance in the US: Here’s how much Americans have in the bank The typical American household has $8,000 in its bank account, according to the latest data from the Federal Reserve’s Survey of Consumer Finances, carried out in 2022. That’s the median transaction account balance as of 2022, which includes savings, checking, money market, call accounts, and prepaid debit cards. The average balance in those bank accounts among American households is $62,410.