Study: Geography Matters in Income Mobility

Monday, 22 July 2013 | by Pat's Picks

If your ambitions include climbing up the class ladder, think carefully about where to live. The New York Times says a new study has found that geography is a barrier to people in the Southeast and Midwest. Some of the highest levels of income mobility are found in the Northeast—in Boston and New York—as well as in the Great Plains and West. Researchers say the difference isn’t just apparent in areas with higher incomes, noting that there are sharp differences in mobility between cities like Atlanta and Seattle where the median income is roughly the same.

SOURCE: New York Times