Recent Examples of quintile from the Web
Of those in that bottom quintile, in part because more women are alone, their numbers are 4.6 million vs. 3.3 million men.
The average household in the bottom wealth quintile has gross financial assets of perhaps £2,000.
Meanwhile a quarter of households in the middle quintile would see their tax bills rise.
The Los Angeles–Long Beach–Anaheim area ranked 33, while the New York–Newark–Jersey City area came in at 167, in the lowest quintile.
The wealthiest fifth increased $13,479 during that time (and, yes, people move up and down in the income quintiles, but studies keep showing mobility is less).
These schools are mostly mid-tier public institutions, like State University of New York at Stony Brook, where 16 percent of students are from the bottom quintile, more than four times the Ivy League average.
Another is to look at the middle three quintiles of the income scale — leaving the bottom 20 percent as lower class and top 20 percent as upper class.
In contrast, 52% of families in the middle-income quintile held stocks, with a median value—again, just for families who held stocks—of only $15,500.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'quintile.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Breaking Down the Meaning of quintile
Many people have a deep interest in statistics about themselves, whether the information provided is about income, ice-cream consumption, or trash production. And any such rating can be divided into fifths, or quintiles. The fifth or lowest quintile would include the 20 percent of the population who make the least money or eat the least ice cream or generate the least trash, and the first quintile would include the 20 percent who make, eat, or generate the most.
Financial Definition of QUINTILE
What It Is
A quintile is one of five equal parts.
How It Works
For example, if we were to look at all of the closing prices for Company XYZ stock for every day in the last year, the top 20% of those prices would represent the upper quintile of the data. The bottom 20% of those prices would represent the lower quintile of the data. There would be three quintiles in between the upper and lower quintiles. The average of all the stock prices typically falls right in the middle, between the second and fourth quintiles.
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