While the % number is interesting and something you can track over time, don't get too hung up on the exact number, because it can vary from method to method and the tester's experience. Also, some methods are affected if you're dehydrated, holding water or recently eaten. The most accurate method would be autopsy. Barring that, there's MRI, underwater weighing, BodPod, and calipers (7 site w/ experienced tester). My last choice would be electrical impedence (like a Tanita scale) but even that's useful for monitoring whether fat is increasing or decreasing.
A non-technical way to see if you're carrying extra bodyfat is to jump up and down naked in front of the mirror. If anything jiggles and it's not a sex organ, it's fat.