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Household income is a skewed bell curve [0]. Some graphs make it it appear bi-modal because the last few bars will contain larger buckets: in this chart, the la
by 88913527 4y ago
Household income is a skewed bell curve [0]. Some graphs make it it appear bi-modal because the last few bars will contain larger buckets: in this chart, the last 2 bars represent $50,000 in values where all proceeding values are $5,000 [1]. When looking at the change over time, there is an increasing number of households at the upper end of the curve [2].
[0]: https://www.census.gov/library/visualizations/2015/demo/distribution-of-household-income--2014/_jcr_content/root/responsivegrid/embeddableimage65.coreimg.png/1459361296671/hh-inc-dist.png https://www.census.gov/library/visualizations/2015/demo/dist...
[1]: https://upload.wikimedia.org/wikipedia/commons/0/0d/Distribution_of_Annual_Household_Income_in_the_United_States_2010.png https://upload.wikimedia.org/wikipedia/commons/0/0d/Distribu...
[2]: https://www.pewresearch.org/social-trends/wp-content/uploads/sites/3/2018/07/PSDT.07.12_economic_inequality-AppA-00-.png?w=600 https://www.pewresearch.org/social-trends/wp-content/uploads...