I.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.
Overall
, the number of households
earning between $50,000 and $99,999 remained relatively stable over the eight-year period, while
both the lowest and highest income
groups (below $49,999 and above $100,000) experienced an upward trajectory. Notably, a majority of US households
had an income
of $100,000 or more, while
the $75,000 to $99,999 income
group
was comparatively negligible.
The income
group
below $49,999 showed a minor increase in its numbers. In 2007, there were 25 million
households
earning less than $25,000, slightly fewer than the 27 million
households
earning between $25,000 and $49,999. By 2015, both categories had seen moderate growth, with approximately 28 million
households
falling into each group
.
In contrast
, the number of households
within the $50,000 to $99,999 income
range was lower. These figures remained consistent throughout the period, with 21 million
households
earning between $50,000 and $74,999, and approximately 15 million
households
earning between $75,000 and $99,999.
The highest income
group
, earning more than $100,000, experienced the most significant change. This
group
demonstrated an upward trend, escalating from nearly 30 million
households
in 2007 to a peak of 33 million
in 2015, despite a slight dip to 27 million
recorded in 2011.Submitted by binyang212 on
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