Manuel Schechtl, Florencia Torche
Sociological Science June 15, 2026
10.15195/v13.a25
Abstract
demographic changes, including, critically, changes in income inequality. A decomposition exercise suggests that rising local wealth inequality accounts for roughly one-fifth of the observed increase in class gaps in mobility. Together, the findings identify local wealth inequality as a central dimension of stratification shaping children’s economic opportunities above and beyond income inequality.
Recent research documents widening class gaps in intergenerational income mobility in the United States. Children from low-income families in more recent cohorts attain lower incomes than their counterparts in earlier cohorts, while no comparable decline is observed among children from high-income families. This study examines whether rising local wealth inequality contributes to this growing class divide in mobility. To do so, it combines newly published estimates of local wealth inequality from GEOWEALTH-US with cohort-based measures of upward mobility from Opportunity Insights. First-difference models reveal a consistent negative association between rising local wealth inequality and declining upward income mobility for children from low-income families, but no comparable association for their high-income peers. These associations are robust to economic and demographic changes, including, critically, changes in income inequality. A decomposition exercise suggests that rising local wealth inequality accounts for roughly one-fifth of the observed increase in class gaps in mobility. Together, the findings identify local wealth inequality as a central dimension of stratification shaping children’s economic opportunities above and beyond income inequality.
![]() | This work is licensed under a Creative Commons Attribution 4.0 International License. |
Reproducibility Package All code necessary to replicate
this study is available in an OSF repository at: https://osf.io/a3vfd/
- Citation: Schechtl, Manuel, Florencia Torche. 2026. “Changing Opportunity: Rising Local Wealth Inequality and Growing Class Gaps in Income Mobility” Sociological Science 13: 645-660.
- Received: March 13, 2026
- Accepted: April 27, 2026
- Editors: Stephen Vaisey, Herman van de Werfhorst
- DOI: 10.15195/v13.a25







Original article:
Status Ambiguity and Multiplicity in the Selection of NBA Awards
Comment:
There Is Cumulative Status Bias and Status Entrenchment in NBA Awards: Comment on McMahan and Shor (2024)