The chart below shows the number of households in the US by their annual income in 2007, 2011 and 2015 Summarise the information by selecting and reporting the main features and make comparisons where relevant

The given diagram provides statistical data about the number of American households by their yearly

income

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in three different years.

Overall

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, all

income

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brackets experienced a significant increase except for the lowest groups of households within the range of $50,000-$99,999. The highest

income

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witnessed its peak in 2015, whilst the range of lower than $25,000-$49,999 showed a slight fluctuation over time. The number of households earning from $50,000-$74,999 underwent steady stability from 2007 to 2015, above 20

million

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, which was greater than the data for people obtaining from $75,000-$99,999, below 15

million

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in 2017 before

this

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figure plummeted to around 14

million

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in 2011.

Subsequently

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, the group of residents making between $75,000 and $99,999 climbed to 15

million

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in 2015. The two categories of people’s annual salary earning from less than %25,000 and $25,000-$49,999 began at 25

million

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and roughly 26

million

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, respectively. After 4 years, these two groups exhibited a notable strike up to approximately 28

million

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for those making less than $25,000 and almost 30

million

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for those obtaining from $25,000-$49,999 before mutually declining to about 27

million

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and 28

million

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in 2015, respectively. The biggest

income

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bracket started below 30

million

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, which was an all-time high figure in 2007 before decreasing significantly to approximately 27

million

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in 2011.

However

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, it made a massive jump to reach its peak of above 30% in the next 4 years.