The following is an excerpt from HENRY GRABAR | April 4, 2018 | Slate.com |
There are two types of cities in America. In some of them, the people moving in are better educated and make more money than the people moving out. In others, the opposite is true.
In the former category, we have, of course, San Francisco, where over the past 12 years the median in-migrant has earned $12,640 a year more than the median out-migrant did before he or she left. New York, Los Angeles, and Miami are also metro areas where new arrivals make, at the median, more than $5,000 more than their outgoing counterparts. There is something intuitive about this: People are liable to move away when things aren’t going well, and arrive because they’ve gotten a great job.
But it’s paired with a number of other trends that together indicate a widespread sorting occurring between metro areas where housing is expensive and wages are high and ones where they are not. San Francisco, New York City, Los Angeles, San Diego, Washington, D.C., Seattle, and Chicago are the cities in which in-migrants are the most likely to be more highly educated than people leaving town. New residents in these cities also tend to be younger. Their households have more earners (roommates, potentially, or working partners) and are more likely to rent than own.
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