Monday, June 22, 2015

Wayne County one of the worst in U.S. for income mobility

Posted By on Mon, Jun 22, 2015 at 12:31 PM

  • via screenshot on New York Times
Wayne County is the state's most populous, but it holds the distinction as one of the worst in the U.S. for income mobility, according to a report from The New York Times that highlights a recent Harvard University study

Location matters – enormously. If you’re poor and live in the Detroit area, it’s better to be in Sanilac County than in Wayne County or Genesee County. Not only that, the younger you are when you move to Sanilac, the better you will do on average. Children who move at earlier ages are less likely to become single parents, more likely to go to college and more likely to earn more.

Every year a poor child spends in Sanilac County adds about $100 to his or her annual household income at age 26, compared with a childhood spent in the average American county. Over the course of a full childhood, which is up to age 20 for the purposes of this analysis, the difference adds up to about $2,100, or 8 percent, more in average income as a young adult.

Genesse County actually fares worse than Wayne, but the Times says it's better than only 5 percent of all counties in the nation in "helping poor children up the income ladder."

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