The average Louisianan has $6,057 in savings, which places the state No. 14 nationwide for the highest average savings balance. That’s according to new data analysis from the software firm Pitney Bowes, which reports the Louisiana savings average in 2011 was up about 21% from $5,013 in 2010. Nationally, the savings account average increased 3% on the year—just below the inflation rate—from $5,753 in 2010 to $5,923 last year. Average non-interest checking account balances in the United States saw a slightly larger increase of 5.2% on the year, from $2,947 to $3,100. Louisiana ranked No. 33 for such checking accounts, with an average balance of $2,710 in 2011—up 16% from $2,331. You can check out the complete state rankings for average savings and non-interest checking accounts here.
La. ranks 14th in the nation for average savings balance
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