You read that the methan income of U.S. households in 2017 was S68,14

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Select the correct explanation for the term "the median income."

• More U.S. households in 2017 made $68,145 than any other household income.

• About half of U.S. households in 2017 had incomes higher than $68,145 and about half had incomes less than $68,145.

• The total amount of household income produced in the U.S. in 2017 was $68,145 times the number of households.

• The total amount of household income produced in the U.S. in 2017 divided by the number of households is $68,145.