Location, Location, Location: How Your Hometown Affects Your Economic Mobility

The issue of economic mobility has sparked renewed interest, with a recent report finding that your childhood hometown plays a significant role in how easily you’ll advance to higher income brackets as an adult. David Leonhardt’s latest piece for The New York Times examines the study, which finds rates of upward mobility are higher in metropolitan areas where poor families are dispersed among mixed-income neighborhoods. It also finds that children… more