🌐 Radius of Opportunity
The Census Bureau recently released a new interactive data tool, data tables, and a research paper on young adult migration.
We can think of an individual’s “radius of economic opportunity” as the geographic area within which they might benefit from economic growth. If individuals are highly mobile and highly responsive to wage opportunities, that radius is quite large. If the geographic mobility is limited, that radius may be quite small.
There’s No Place Like (Close to) Home
Nearly six in 10 young adults live within 10 miles of where they grew up, and eight in 10 live within 100 miles, according to a new study by researchers at the U.S. Census Bureau and Harvard University.
Even the prospect of higher earnings in more distant locations does little to change these patterns.
The new study examines the migration patterns of young adults and explores where people go between childhood and young adulthood. It also analyzes how those patterns differ across demographic groups and whether people move greater distances to take advantage of job opportunities.
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