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The number of Boston residents having a higher income than their parents is declining

Trends in Boston, Massachusetts mirror the national story. Those born in Massachusetts back in 1940 had a 91 percent chance of out-earning their parents by the time they were working-age adults (30 years old in 1970). These numbers have declined consistently across the decades, and, most recently, people born in Massachusetts in 1980 had only a 55 percent chance of out-earning their parents by the time they were working-age adults (30 years old in 2010).

 

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Source: https://www.bostonindicators.org/reports/report-website-pages/shared-prosperity

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