Answer:
Average U.S. Checking Account Balance 2019: A Demographic Breakdown. According to data from the 2016 Federal Reserve Survey of Consumer Finances, the median checking account balance for U.S. households was $3,400, while the average balance was $10,545.
To calculate average daily balance, take the sum of all these ending balances and divide by the number of days in your period. In this example, there are 31 days in the month of January. The average daily balance of the above example is $1,129.03 ($35,000 / 31).