The families in the highest quintile of the population in 2006 had incomes of more than

Question

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The highest quintile comprises the top 20% of the population in terms of income. According to the data provided, the median income for the highest quintile in 2006 was $141,100. Therefore, it can be assumed that families in the highest quintile had incomes of more than $180,000. Answer E is the closest option to this amount.

The Families in the Highest Quintile of the Population in 2006