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The image shows a bar graph of US households by annual income in millions from 2007 to 2015 with 5 income ranges: less than $25,000; $25,000-$49,999; $50,000-$74,999; $75,000-$99,999; $100,000 or more. In 2007, households earning less than $25,000 were around 25 million, $25,000-$49,999 were 35 million, $50,000-$74,999 around 30 million, $75,000-$99,999 close to 20 million, and $100,000 or more about 15 million. In 2011, the first three ranges decreased slightly while the last two increased, with $100,000 or more reaching 20 million. By 2015, households earning less than $25,000 and $25,000-$49,999 decreased to 20 and 30 million respectively, $50,000-$74,999 remained stable, $75,000-$99,999 increased to 25 million, and $100,000 or more rose to nearly 25 million.
Given the complexity of the image, the above description may not be entirely accurate.
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The graph categorizes American households according to their annual income over 8 years. Overall, it is clear that families with less than $50,000 experienced a minor upward trend, and homes with revenues exceeding $75,000 saw a slight decline followed by an upward movement. In contrast, those with mid-level incomes remained unchanged.
Households with less than $25,000 increased slightly in 2011 from 25 million to around 28 million, then decreased by about 1 million in 2015. Similarly, families with $25,000 to 49,999 grew inconsiderably from 27 million in 2007 to 29 million in 2011 but declined by 1 million in 2015.
The changes in high-income families with $75,000 to $99,999 were also insignificant. It was around 14 million in 2007, fell marginally to 13 million in 2011, and rose by 2 million in 2015. By contrast, households with $100,000 or more were around 29 million in 2007 and, despite the slight decrease in 2011, went up to approximately 33 million in 2015. As for mid-level income families, they remained the same over the period.
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