U.S. Household Finances (November 2025)
Verified data from Federal Reserve, Bureau of Labor Statistics, Census Bureau, and select institutional sources
Median Savings Balance
$8,000
Transaction accounts – Fed SCF 2022
Average Savings Balance
$62,410
Transaction accounts – Fed SCF 2022
Total Credit Card Debt
$1.17T
NY Fed Q3 2024 (latest available)
Median Monthly Rent
$1,200
Fed SHED 2024 – up 10% annually
Emergency Savings Snapshot
54%
Have 3 months emergency savings
63%
Can cover $400 emergency with cash
13%
Cannot pay $400 by any means
46%
Have 3+ months savings (Bankrate)
Emergency Fund Coverage by Income
Adults earning $100,000+: 75% have 3 months savings
Adults earning $50,000-$99,999: 56% have 3 months savings
Adults earning under $50,000: 32% have 3 months savings
Source: Federal Reserve SHED 2024
Savings by Demographics
Source: Federal Reserve Survey of Consumer Finances 2022 (most recent comprehensive data)
By Age Group
$5,400
Median for Americans under 35
Fed SCF 2022
$8,700
Median for ages 45-54 (peak earning years)
Fed SCF 2022
$13,400
Median for ages 65-74 (peak savings)
Fed SCF 2022
By Income Bracket
$900
Median for lowest income bracket (0-20th percentile)
Fed SCF 2022
$15,760
Median for middle income (60-80th percentile)
Fed SCF 2022
$111,600
Median for highest income (90-100th percentile) – 124x lowest
Fed SCF 2022
By Household Type
$2,400
Median for single parents with children (lowest)
Fed SCF 2022
$12,500
Median for couples with children
Fed SCF 2022
$16,000
Median for couples without children (highest)
Fed SCF 2022
By Race/Ethnicity
$12,000
Median for White non-Hispanic households
Fed SCF 2022
$2,100
Median for Hispanic households
Fed SCF 2022
$2,110
Median for Black non-Hispanic households
Fed SCF 2022
Retirement Savings
Source: Vanguard “How America Saves” 2025 (based on actual 401k participant data)
$42,640
Average 401(k) balance for ages 25-34
Vanguard 2025
35%
Non-retirees who think retirement savings plan is on track
Fed SHED 2024
42%
Retirees who retired due to health, caregiving, or lack of work
Fed SHED 2024
Housing Cost Burden
Sources: Federal Reserve SHED 2024, Bureau of Labor Statistics Consumer Expenditure Survey 2023
$1,200
Median monthly rent in 2024, up 10% annually since 2022
Fed SHED 2024
7%
Homeowners without insurance (43% cite cost as reason)
Fed SHED 2024
20%
Adults financially affected by natural disaster in prior year
Fed SHED 2024
Household Debt
Source: Federal Reserve Bank of New York Quarterly Report on Household Debt and Credit Q3 2024
$1.6T
Total student loan debt outstanding
NY Fed Q3 2024
30%
Borrowers with some college/technical degree behind on student loans
Fed SHED 2024
11%
Bachelor degree holders behind on student loan payments
Fed SHED 2024
15%
Adults who used buy now, pay later services
Fed SHED 2024
24%
BNPL users who were late on payment (up from 18% prior year)
Fed SHED 2024
Financial Well-Being
Sources: Federal Reserve SHED 2024, Bankrate 2025
73%
Doing okay or living comfortably financially (down from 78% in 2021)
Fed SHED 2024
25%
Feel completely financially secure (down from 28% in 2023)
Bankrate 2025
29%
Rate national economy as good or excellent (up from 22% in 2023)
Fed SHED 2024
21%
Experienced financial fraud or scams in 2024
Fed SHED 2024
$63B
Total consumer losses from non-credit-card fraud after recovery
Fed SHED 2024
Cost of Living & Expenses
Sources: Bureau of Labor Statistics Consumer Expenditure Survey 2023, Federal Reserve SHED 2024
60%
Say price changes made finances worse (down from 65% in 2023)
Fed SHED 2024
79%
Adjusted behavior due to higher prices in prior year
Fed SHED 2024
51%
Adults spending less than income (up from 48% in 2023)
Fed SHED 2024
24%
Parents using paid childcare (children under 13)
Fed SHED 2024
50%+
Parents spending ≥50% as much on childcare as housing
Fed SHED 2024
Employment & Job Quality
Source: Federal Reserve SHED 2024
14%
Started a new job in 2024 (similar to 2023, down from 15% peak in 2022)
Fed SHED 2024
62%
Job changers who said new job was better (down from 67% in 2023)
Fed SHED 2024
13%
Made money selling things in gig or resale sectors
Fed SHED 2024
9%
Did short-term gig tasks (rides, delivery, odd jobs)
Fed SHED 2024
17%
Employees with variable schedules based on employer needs
Fed SHED 2024
Data Quality & Methodology
All data points on this dashboard come exclusively from:
Tier 1 Sources (Federal/Government):
- Federal Reserve Survey of Consumer Finances (2022 – most recent)
- Federal Reserve Report on Economic Well-Being of U.S. Households (SHED 2024)
- Federal Reserve Bank of New York Quarterly Report on Household Debt and Credit (Q3 2024)
- Bureau of Labor Statistics Consumer Expenditure Survey (2023)
- Census Bureau Income and Poverty data
Tier 2 Sources (Reputable Financial Institutions):
- Bankrate Annual Emergency Savings Report (2025)
- Bankrate Financial Security Survey (2024-2025)
- Vanguard “How America Saves” (2025 – actual 401k participant data)
Next Major Updates Expected:
- NY Fed Household Debt Q4 2024: February 2026
- Vanguard How America Saves 2026: June 2026
- Federal Reserve SCF 2025: Late 2026 (comprehensive 3-year update)
Dashboard Statistics: 60+ verified data points | Last Updated: November 2025 | All sources independently verifiable