A child born in the bottom fifth by income around here has a better chance of reaching the top fifth than in Atlanta. But that’s not saying much. And we can change this.
David Leonhardt wrote for NY Times 22 July 2013, In Climbing Income Ladder, Location Matters: A study finds the odds of rising to another income level are notably low in certain cities, like Atlanta and Charlotte, and much higher in New York and Boston. 4.3% Valdosta MSA vs. 4.0% Atlanta MSA. But 5.9% Brunswick, 6.0% Vidalia, and 8.8% Elijay. That’s the highest in Georgia.
Pretty much anywhere in Florida is higher than 4.3%.
Then there’s 11.2% San Francisco, Continue reading