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

The chart depicts the

number

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of families in the US in five income

groups

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(

group

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1 with less than $25000,

group

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2 between $25,000 to $49,999,

group

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3 between $50,000 to $74,999,

group

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4 between $75,000 to $99,999 and

group

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5 with more than $100,000) in

three

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years (2007, 2011 and 2015).

Overall

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, the

households

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in income

groups

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1 and 2 saw a rise in 2011 and stayed almost at the same level in 2015.

Whereas

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,

group

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5 saw a dip in 2011 and rose to the

highes

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highest

number

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in

compaison

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comparison

with other

groups

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in 2015.

However

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, the numbers in

groups

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three

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and four did not see any significant change. In terms of the

number

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of

households

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in

groups

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one and two, they grew from 25 and 27.5

millions

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million

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, in 2007 to 29 and 30

million

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in 2011, respectively.

While

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in 2015 they fell by a

million

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each.

In contrast

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,

household

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households

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in

group

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five fell from about 30

million

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in 2007 to 28

million

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in 2011

,

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apply

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and rose again to 33

million

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in 2015.

Whereas

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, the

number

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of

households

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in

groups

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three

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and four began at about 21 and 14.5

million

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in 2007 respectively.

While

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the

households

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in

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group

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Group Three

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three

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continued at the same level all the way till 2015,

group

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4 dipped to 14

million

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in 2011 and rose to 15

million

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in 2015.