The 9 states in the US where people have the most money in savings

new hampshire neighborhoodShutterstock/Sean Pavone

Household savings vary greatly across the US.

GOBankingRates surveyed about 5,000 Americans in 2019 about how much they have in savings and investment accounts, excluding savings for retirement. The survey found people living in states with traditionally high incomes and costs of living, like California and Washington, don't always have the most wealth in the bank.

Here are the nine states where more than 15% of respondents reported having over $10,000 in savings.
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9. Maryland

9. Maryland

Maryland just barely beats out Massachusetts for the ninth spot on the list, by just 0.2%

Percentage reporting between $10,000 and $20,000 in savings: 5.8%

Percentage reporting over $20,000: 10.1%

8. Oregon

8. Oregon

Oregon is the only west coast state to break into the top nine.

Percentage reporting between $10,000 and $20,000 in savings: 5.7%

Percentage reporting over $20,000: 11.3%

7. New Jersey

7. New Jersey

This east coast state might have a high cost of living, but its residents also tend to have quite a bit of money in savings.

Percentage reporting between $10,000 and $20,000 in savings: 5.4%

Percentage reporting over $20,000: 12%

6. Delaware

 6. Delaware

Delaware might be a small state, but its residents seem to have pretty large savings accounts.

Percentage reporting between $10,000 and $20,000 in savings: 5.9%

Percentage reporting over $20,000: 11.8%

5. Michigan

5. Michigan

Michigan residents' high savings balances earn the state a spot in the top five.

Percentage reporting between $10,000 and $20,000 in savings: 8.7%

Percentage reporting over $20,000: 9.5%

4. Nevada

4. Nevada

Nevada's big savers help earn this western state one of the top spots on the list.

Percentage reporting between $10,000 and $20,000 in savings: 3.1%

Percentage reporting over $20,000: 15.6%

3. New Hampshire

3. New Hampshire

New Hampshire is also ranked as one of the richest states, so it's not a shock to see it taking one of the top spots on this list.

Percentage reporting between $10,000 and $20,000 in savings: 5%

Percentage reporting over $20,000: 15%

1. (Tie) North Dakota

1. (Tie) North Dakota

A large presence in the oil industry and relatively low costs of living have allowed many residents to save wealth in South Dakota.

Percentage reporting between $10,000 and $20,000 in savings: 25%

Percentage reporting over $20,000: 0%

1. (Tie) Nebraska

1. (Tie) Nebraska

With a quarter of residents reporting more than $10,000 in savings, Nebraska ties for the top spot.

Percentage reporting between $10,000 and $20,000 in savings: 12.5%

Percentage reporting over $20,000: 12.5%

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