Report on the Economic Well-Being of U.S. Households
Survey of Household Economics and Decisionmaking
Adults who have a bank account
Percent
| Year | All adults |
|---|---|
| 2015 | 92 |
| 2016 | 93 |
| 2017 | 94 |
| 2018 | 93 |
| 2019 | 94 |
| 2020 | 94 |
| 2021 | 94 |
| 2022 | 94 |
| 2023 | 94 |
| 2024 | 94 |
Note: Among all adults. Includes people whose spouse or partner has a bank account.
Adults who have a bank account, by education
Percent
| Characteristics | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Less than a high school degree | 75 | 73 | 83 | 75 | 76 | 74 | 76 | 75 | 74 | 75 |
| High school degree or GED | 89 | 90 | 92 | 90 | 91 | 91 | 90 | 90 | 89 | 89 |
| Some college or associate degree | 93 | 94 | 94 | 94 | 95 | 96 | 95 | 95 | 95 | 94 |
| Bachelor's degree or more | 99 | 99 | 98 | 98 | 99 | 99 | 99 | 99 | 99 | 99 |
Note: Among all adults. Includes people whose spouse or partner has a bank account.
Adults who have a bank account, by race/ethnicity
Percent
| Characteristics | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Asian | 95 | 97 | 95 | 97 | 98 | 97 | 98 | 95 | 96 | 94 |
| Black | 83 | 87 | 88 | 85 | 86 | 87 | 87 | 87 | 86 | 87 |
| Hispanic | 86 | 88 | 89 | 89 | 90 | 91 | 89 | 90 | 89 | 88 |
| White | 95 | 94 | 97 | 96 | 97 | 97 | 97 | 97 | 96 | 97 |
Note: Among all adults. Includes people whose spouse or partner has a bank account.
Adults who have a bank account, by age
Percent
| Age | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| 18-29 | 87 | 88 | 89 | 90 | 92 | 92 | 92 | 90 | 89 | 87 |
| 30-44 | 91 | 92 | 93 | 91 | 91 | 92 | 92 | 92 | 91 | 92 |
| 45-59 | 93 | 93 | 96 | 94 | 95 | 96 | 94 | 95 | 95 | 95 |
| 60+ | 96 | 96 | 98 | 97 | 98 | 98 | 98 | 98 | 98 | 98 |
Note: Among all adults. Includes people whose spouse or partner has a bank account.
Adults who have a bank account, by metro/non-metro status
Percent
| Characteristic | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Non-Metro | 90 | 90 | 93 | 91 | 94 | 92 | 93 | 93 | 92 | 92 |
| Metro | 92 | 93 | 95 | 94 | 94 | 95 | 94 | 94 | 94 | 94 |
Note: Among all adults. Includes people whose spouse or partner has a bank account.
Adults who have a bank account, by parental status
Percent
| Characteristics | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Parents living with own children under age 18 | 90 | 92 | 92 | 92 | 92 | 93 | 93 | 93 | 91 | 92 |
| All other adults | 93 | 93 | 95 | 94 | 95 | 95 | 95 | 94 | 94 | 94 |
Note: Among all adults. Includes people whose spouse or partner has a bank account.
Last Update: May 28, 2025