Just how mobile are rich people?
For years, research has shown high-income earners are a lot less likely to move away from a city than you expect. Is the pandemic finally changing that?
This multi-part, data-driven series explores the intersection of race, economic mobility and tech careers with a focus on individuals earning $200,000 — the income needed to become an accredited angel investor — across comparable markets.
The series asks: Who makes $200,000 in Technical.ly's five markets, and how did that group change over the past 10 years? What does a rise or decline of high earners mean for a city and its startup ecosystem? How do tech careers and entrepreneurship contribute to economic mobility?
This series uses data compiled for Technical.ly by Resolve Philly Data Editor Julie Christie. Check out her methodology via GitHub.
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Baltimore is an outlier on population trends. Can the city also approach changing neighborhoods differently?
For years, research has shown high-income earners are a lot less likely to move away from a city than you expect. Is the pandemic finally changing that?
Against the backdrop of recent news about population losses, Technical.ly data show an increase in high-earning Black residents. They could be a spark for building neighborhood wealth.
Growth in tech is helping DC add wealth, but many BIPOC technologists are still getting left behind. When it comes to an equitable career ladder, it's about more than salary, these high earners say.
Delaware's Black population is the racial group with the most growth among high earners over the past decade. Beyond salaries, these experts point to entrepreneurship as the best means for building generational wealth — especially if it leads to investing in others' startups.
Pittsburgh has turned its tech prowess into wealth over the past decade. But data show that not all residents are sharing in the returns.
The pool of potential investors can tell us a lot about the health of local startups. Here's what the data say about who's a part of it in Philly.
Tech has made many richer. Through a Technical.ly data analysis and the start of an ongoing series, we look at what it means that at the same time, in many American cities, racial income inequality is worsening.
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