places a time limit on benefits.

Access for free at openstax.org
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6. A useful first step is to rank the households by income, from lowest to highest. Then, since there are 10

households total, the bottom quintile will be the bottom two households, the second quintile will be the

third and fourth households, and so on up to the top quintile. The quintiles and percentage of total income

for the data provided are shown in the following table. Comparing this distribution to the U.S. income

distribution for 2005, the top quintile in the example has a smaller share of total income than in the U.S.

distribution and the bottom quintile has a larger share. This pattern usually means that the income

distribution in the example is more equal than the U.S. distribution.

Income

Quintile

% of Total Income

$10,000

$12,000

$16,000

$18,000

$24,000

$24,000

$36,000

$50,000

$80,000

$100,000

Total first quintile income: $22,000

6.0%

Total second quintile income: $34,000 9.2%
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