Pew Study Finds That the Neighborhood You Live In Matters for Your Economic Mobility

Segregation of Rich and Poor May Make It Harder to Climb the Economic Ladder
A study released today by The Pew Charitable Trusts finds that the economic segregation of neighborhoods is linked to a person’s prospects for moving up or down the economic ladder, known as economic mobility. In an analysis of 96 U.S. metropolitan areas, Pew found that those with distinct pockets of concentrated wealth and concentrated poverty have lower economic mobility than places where residents are more economically integrated. The report highlights the role that local communities play in determining Americans’ mobility prospects. “Where you live matters […]