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The image presents a bar chart displaying the number of US households in millions, segmented by annual income for the years 2007, 2011, and 2015. Five income brackets are represented: 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 numbered 25 million, $25,000-$49,999 had 30 million, $50,000-$74,999 with 20 million, $75,000-$99,999 captured 15 million, and $100,000 or more included 10 million households. In 2011, numbers slightly decreased for the first three brackets to 23, 28, and 18 million respectively, while the last two brackets increased to 17 and 12 million respectively. By 2015, the less than $25,000 bracket further decreased to 20 million, $25,000-$49,999 reduced to 25 million, $50,000-$74,999 remained at 18 million, $75,000-$99,999 increased to 20 million, and $100,000 or more saw significant growth to 25 million households.
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The data illustrate the number of American households categorized by their annual income over three different years. Overall, five income categories exhibited fluctuations, with the exception of families earning between $50,000 and $74,999, which remained stable.
Firstly, certain income levels followed a similar pattern year after year. By the end of the observed period, households earning between $75,000 and $100,000 per year increased significantly, with nearly 10 million individuals reaching the highest revenue bracket in 2015. In contrast, families earning less than $25,000 and those between $25,000 and $50,000 experienced a slight increase from 2007 to 2011 before declining again in 2015; in total, these two categories lost financial stability with around 5 million people affected.
Secondly, the number of households earning between $50,000 and $74,999 remained unchanged at approximately 20 million throughout the years. Lastly, the annual income of households in the $75,000 to $99,999 range remained the lowest among all income brackets during the observed period.
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