In 2017, a household with an annual income of $50,000 would find itself in the

Name: In 2017, a household with an annual income of $50,000 would find itself in the
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In 2017, a household with an annual income of $50,000 would be in the middle of the income distribution, placing it in the third quintile. The quintiles represent divisions of the population into five equal parts based on income levels, with the third quintile being the middle segment, indicating a moderate income level.

In 2017, a Household with an Annual Income of $50,000