Households making $100,000 or more represent only 20 percent of U.S. households but control more than half of all income earned in the United States.

Question

Quizplus · Accepted Answer

This statement is true based on data from the U.S. Census Bureau. As of 2019, households with incomes of $100,000 or higher accounted for 20.5% of all households in the United States but accounted for 52% of all income earned.

Households Making $100,000 or More Represent Only 20 Percent of U.S