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Social mobility definition1/6/2023 ![]() ![]() By contrast, in Denver’s Elyria-Swansea neighborhood, low-income children on average grow up to earn incomes in the mid $20,000s. For example, low-income children growing up in Denver’s Washington Park neighborhood, on average, grow up to have an income of approximately $40,000. Additionally, certain places provide greater economic mobility than others. For example, since the 1940s, fewer children in each generation are earning as much as their parents’ generation. Alternatively, lawmakers may decide on different policies and programs to improve mobility in a neighborhood, city, or state.Įconomic mobility can also refer to the changes in economic outcomes for groups of people, or generations over time. Considering this, some families may use measures of economic mobility to decide where to live. For example, due to historical policy decisions, some neighborhoods provide a higher rate of upward mobility. However, economic mobility is often more useful when scaled to summarize the overall opportunity in a neighborhood, city, or state. By contrast, when someone’s income stays flat or decreases over their life, that person is considered downwardly mobile.Įconomic mobility, therefore, describes the opportunity available to one individual. This means their economic situation is getting better over the course of their life. When someone’s income improves over their life, that person is considered upwardly mobile. Most often, economic mobility looks at how someone’s income changes over their lifetime. What is Economic Mobility? What Is Economic Mobility?Įconomic mobility describes how someone’s economic well-being changes over time. ![]()
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