High-Income American Women

There were nearly 72,000 women in the US who reported income of more than $500K to the IRS in 2016. That number has grown at 13% per year since 2009. The highest income segment (wages of $5M+) has grown at 28% over the same time period. 

By comparison, there were 405,000 high-income men in 2016. Note that the ratio of high-income men to women has fallen from 8.0 to 5.7 from 2009 to 2016.  Data for this chart came from Bloomberg's analysis of IRS data.  

High-Income American Women Stacked Bar Chart with CAGRs

Stacked Bar Chart of High Income American Women from 2009-2016

How I Made the Stacked Bar Chart with CAGRs

Here is the data in the Mekko Graphics data editor. 

Data for High Income American Women Stacked Bar Chart

Here's how I made this chart:

  • Add a Mekko Graphics chart to a PowerPoint slide
  • Copy and paste the IRS data for 2009 to 2016 from Excel into the Mekko Graphics Data Editor
  • Add the CAGR formula (=CAGR, first year, last year, number of years) for the first series and copy it down for other series
  • Reduce chart margins to make the chart area wider and longer
  • Under Bars and Series, on the Bars tab, make the last bar a CAGR column and remove it from the chart
  • Under Bars and Series, on the Series, Visibility tab, remove the last 2 series from the chart, make them data rows and format the numbers under the Number Format column 
  • On the Series, Style tab, change the colors for each series
  • Add a legend to the chart and choose the position of Align to CAGR
  • Under Show Labels, choose Values Only
  • Add the thousands unit (K) in the Format Chart task pane on the Values tab
  • Insert a growth line under Insert in the Edit Chart ribbon and select CAGR instead of Absolute in the Format Growth Line task pane

Take This Chart and Make It Your Own

Download this chart and edit it using Mekko Graphics. See more bar charts in our chart gallery. Here are some other charts that may be of interest: