“Overall, Americans have a median of $5,300 and an average of $41,800 in available savings.”
That means that a low percentage of Americans have a bunch of money with the average amount being that high and with a median that low.
No one ever asks how they come up with these numbers.
Banks can tell you. I used to get the reports every month. Low balance, low activity accounts cost a fortune to maintain. There were a bunch of them. Then…there were the accounts with a million dollars in them. In a very low yield savings account.
People are weird with their money.