In terms of income, the lowest 20 percent of families earn less than 5 percent of the nation's income.

Name: In terms of income, the lowest 20 percent of families earn less than 5 percent of the nation's income.
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This statement is true. According to 2019 data from the Census Bureau, the lowest 20 percent of households had a median income of $26,754 and represented 3.1 percent of the country's total income.

In Terms of Income, the Lowest 20 Percent of Families