The poor rewards of robbing banks: By the numbers

Turns out your mom was right: Crime doesn't pay — or, according to a new study, at least not very much. Here's why bank robbery is an especially bad career choice

Screen shot from the 2006 crime drama "Inside Man"
(Image credit: David Lee/ Universal Studios/Bureau L.A. Collection/Corbis)

Crime doesn't pay as much as you might think, say a group of British economists in Significance, the journal of Britain's Royal Statistical Society and the American Statistical Association. The study's authors, from the Universities of Surrey and Suffolk, provide what they call the first "independent econometric analysis" of bank heists, using data from the FBI and British Bankers' Association. Their conclusion? "Statistically speaking, robbing banks is a bad idea. The return on an average bank robbery is, frankly, rubbish. It is not unimaginable wealth." How bad is the pay? Here's a look, by the numbers:

$7,500

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$4,330

Average haul for U.S. bank robberies in 2006

5,500

U.S. bank robberies in 2010

7,500+

U.S. bank robberies in 2005

1,445

U.S. bank robberies where the thief showed a gun in 2010

13

U.S. bank robbers killed during heists in 2010

1.6

Average number of bank robbers in each heist

60

Percent of bank robberies carried out by one thief

$14,070

Amount each additional thief adds to the take in bank raids

106

Bank robberies in the U.K. in 2007

$31,668

Average haul for British bank heists (2005-08)

$19,700

Average per-thief haul from a British bank heist

$20,000

Average half-year income for full-time employed Britons

$950,000

Biggest British bank taking in 2007

33

Percent of bank robberies that yield nothing

20

Percent of British bank robbers who get caught and jailed

3

Average number of successful bank heists before a robber is caught

22

Percent of U.S. bank robberies where the cash was recovered (2010)

50

Percent of thefts thwarted by fast-rising bank-teller screens

$7,000

Cost of each of those screens

12

Percent of British banks that use the screens, with fewer still in the U.S.

Sources: Fiscal Times, Significance [PDF], SmartPlanet, Telegraph, U.S. News