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They release data for stuff like this. Currently 46% can cover a cost of $2K or more with just savings. 57% for $1K or more.
But it’s even worse than that - what kind of emergency is that cheap? Sure I could replace tires in my car within that amount, but could not repair a car accident. I could visit an ER within the amount but could not pay for medical care for sickness or injury. I could call a plumber within that amount, but not not repair or replace things after a leak. I could travel to see my elderly Mom if she were sick, but could not afford a place to stay there within that amount