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> There are relatively few people with incomes that high The chart is of household income, not individual income. There are plenty of households who break that
by maratd 13y ago
> There are relatively few people with incomes that high
The chart is of household income, not individual income. There are plenty of households who break that mark.
- randomdata 13y agoIf we ignore many countries where $128K+ is quite rare, at least. In the US, about 14% of the households earn that much or more. However, the breakdown is more interesting here: Only ~1% of households in the US earn between $125-130K, compared to ~5% earning between $35-40K. The groups do become quite a bit less representative as you climb the income scale.
- ars_technician 13y agoHow do they become less representative? The sample groups are exactly representative when they are based on income. e.g. Polling millionaires about their feelings seems pretty representative of millionaires' feelings, even if there aren't that many.