Question: Based on the data in the table, to which category of income distribution did the largest percentage of households belong in 2 0 2 0

Based on the data in the table, to which category of income distribution did the largest percentage of households belong in 2020?
TABLE 23.1 The Distribution of U.S. Income by Households, 2020
(1)
Personal
Income Category (2)
Percentage of
All Households
in This Category
Under $15,0009.4
$15,000$24,9998.7
$25,000$34,9998.1
$35,000$49,99911.6
$50,000$74,99916.5
$75,000$99,99912.2
$100,000$149,99915.3
$150,000$199,9998.0
$200,000 and above 10.3
Total 100.0
Note: Figures may not sum to exactly 100.0 percent due to rounding.
Source: Income and Poverty in the United States: 2020, U.S. Census Bureau.
Multiple choice question.
$200,000 and above
$50,000$74,999
$25,000$34,999
Under $15,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!