Journal Article
Which Poor Neighborhoods Experienced Income Growth in Recent Decades?
Abstract: Why has average income grown in some poor neighborhoods over the past 30 years and not in others? We explore that question and find that low-income neighborhoods that experienced large improvements in income over the past three decades tended to be located in large, densely populated metro areas that grew in income and population. Residential sorting?changes in population and demographics within neighborhoods?could help to explain this relationship
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https://doi.org/10.26509/frbc-ec-201406
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 2014
Issue: April
Order Number: 6