Arizona Bank Accounts Smaller Than Accounts in Any Other U.S. State, Study Finds
If you live in Arizona and get pissed off every time you look at your bank statement, you may want to consider re-locating -- a recent study finds that Arizona has the emptiest bank accounts of any state in the entire country.
According to the study, conducted by Pitney Bowes Business Insight, the average bank account in Arizona has $4,466 in it. That's well below the national average of $5,753.
Arizona is amongst 33 states below the national average. Those states include several of Arizona's neighbors in the Southwest, including Nevada, with an average of $4,794, and New Mexico, with an average of $4,515.
While the southwest seems to be home to most of the have-nots, the haves tend to live in the Northeast, where the cost of living is often much higher than Arizona's, and average salaries tend to be higher, the study finds.
Phoenix Suns vs. Portland Trail Blazers
TicketsWed., Nov. 2, 7:00pm
Arizona Coyotes vs. Nashville Predators
TicketsThu., Nov. 3, 7:00pm
Arizona State University Sun Devils Hockey vs. University of Michigan
TicketsFri., Nov. 4, 7:05pm
2016 Charles Schwab Cup Championship
TicketsWed., Nov. 9, 9:00am
New Jersey leads the way in terms of bulky bank accounts with an average of $7,477. Connecticut takes the silver medal with $6,914, while Massachusetts takes the number three spot with an average of $6,847.
See the complete report here.
Get the ICYMI: Today's Top Stories
Catch up on the day's news and stay informed with our daily digest of the most popular news, music, food and arts stories in Phoenix, delivered to your inbox Monday through Friday.