Recent data on the distribution of income in the United States indicates households in the top fifth of the income distribution earn as much income as the bottom four fifths combined.

Question

Recent data on the distribution of income in the United States indicates households in the top fifth of the income distribution earn as much income as the bottom four fifths combined.​

Quizplus · Accepted Answer

This statement is true based on data from the United States Census Bureau for the year 2019. The top 20% of households had a combined income that was slightly higher than the combined income of the bottom 80% of households.

Recent Data on the Distribution of Income in the United