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What, approximately, is Texas's median household income?Multiple choice question.$60,000$42,000$39,000$52,000

Question

What, approximately, is Texas's median household income?

  • $60,000
  • $42,000
  • $39,000
  • $52,000
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Solution

Break Down the Problem

  1. Identify the question: We need to find the approximate median household income of Texas.
  2. Analyze the options provided to select the most accurate figure.

Relevant Concepts

  • Median household income is a measure that divides the household income distribution into two equal parts: half of the households earn more than this amount and half earn less.
  • To answer the question, we can rely on external knowledge sources for the most recent statistics on Texas's median household income.

Analysis and Detail

  1. The options given are:
    • $60,000
    • $42,000
    • $39,000
    • $52,000
  2. Based on the latest data available (as of 2023), the approximate median household income in Texas is around $64,000. However, this specific figure is not an option.
  3. The closest figure within the options is likely $60,000, as it's the highest and closest to recent data.

Verify and Summarize

  • The median household income in Texas is generally known to be above 60,000butbasedontheprovidedoptions,60,000 but based on the provided options, 60,000 would be a reasonable choice.

Final Answer

$60,000

This problem has been solved

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