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, andmake comparisons where relevant.

The bar chart given compares the

number

of America's

families

by their yearly income over a period of eight years.

It is clear that

the

families

which were earning between 75k and approximately 100k a

year

were in the minority.

Also

, in 2011, the

number

of households that were making 75 thousand dollars and above were at its lowest position in the graph. In the

year

2007, there were 25

million

families

earning below 25,000 dollars, the figure increased to just below 30

million

in 2011 and dropped to around 28

million

in the

year

2015. The

number

difference between the

families

that were receiving lower than $25k and the homes that were making an income between $25k and $50k was decreasing over the 8-

year

period, going from approximately 2.5

million

difference in 2007 to close to 0.5

million

. The

number

of

families

that were making between $50k and $75k had not been changing, it remained at slightly above 20

million

. Both of the numbers of households making from $75k to $100k and $100k and above showed a declining trend from the

year

2007 to 2011, having a gap of 0.5

million

and 2

million

, respectively.

However

, the figure for the $100k and above group had a dramatic increase, from 27

million

to just below 35

million

.