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7y ago
What you're saying is true but is irrelevant to my point. With the original post the claim was that 1/20 in Boston make more than 374k because the top 5% of people between 35 and 64 make more than 374k. Again this is not true and
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7y ago
no it is not. in any case it's referring to household incomes and only between people who are 35 to 64. so again, no, 1/20 people are not making that much. again, percentiles do not work in a fashion where you can take one group (
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7y ago
that's not how percentiles work. also, you'd need to know whether that value they use is the lower bound on the top 5% and how that compares to the top 5% for the general population