According to research by Raj Chetty, the rate of absolute income mobility in the United States has significantly decreased, with estimates showing a drop from around 90% for children born in 1940 to approximately 50% for children entering the workforce today, indicating a substantial decline in upward mobility over the past several decades.
MAY 2, 2024 — The U.S. Census Bureau today released a new research data product, Mobility, Opportunity, and Volatility Statistics (MOVS), that shows detailed income and household statistics over time and includes demographic characteristics such as race and ethnicity. MOVS uses linked demographic and tax records on the population of U.S. working-age adults and tracks the progress of incomes, providing new insight into U.S. income growth, mobility and volatility.
Data are available from 2005 to 2019 for all states and socioeconomic groups. Visit the working paper and America Counts for more information on this research. Downloadable data and input files can be found at the MOVS public-use data page.
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