San Jose Ranks #1 in Nation for Upward Mobility
In a recent report by the National Bureau of Economic Research, San Jose ranked as the #1 city in America for upward income mobility. Specifically, the report found that residents have the highest chance nationally if starting in the bottom 20% of income distribution of reaching the top 20%. Key factors include education quality, racial and ethic integration, social capital, and family structure. To read the full report, click here. For more information, contact John Lang, Chief Economist.