👀 Swipe to See How Much Cash Americans Have in the Bank, by State

Key Takeaways

• Households in Hawaii have the highest median bank balance at $43,600
• In contrast, households in Mississippi hold about $2,000 in the bank

Money in the Bank?

Households in wealthier states tend to have more money in the bank. However, this graphic may also be revealing differences in saving patterns.

For example, New York City is home to the most millionaires in the world, but the state's median bank balance ranks 22nd in the country.

Do New Yorkers simply spend more than other states? Or maybe they're investing more of their savings? What do you think?

Let us know in the comments 👇