Ending Soon! Save 33% on All Access

10 Cities Where the American Dream Is Still Alive Of the largest cities in America, these 10 give you the best chances of starring in your own rags-to-riches tale.

By Max Nisen

This story originally appeared on Business Insider

Shutterstock

In many ways, the American dream is in trouble. Increasing inequality means that it's harder than ever to break into the top income brackets from the bottom.

A new study from some of the most prominent academic economists around, including John Bates Clark winner Raj Chetty and Emmanuel Saez, that was featured in The New York Times finds that there's massive regional variation in how many people crawl out of poverty.

The key lesson? It's better to be born in the Northeast or on the West Coast than the South and Midwest. Atlanta, Charlotte, Indianapolis, and Detroit are the least upwardly mobile large cities in the country.

In Atlanta, a child born in the poorest 20% only has a 4% chance of moving to the top 20%.

Among the things common to upwardly mobile cities were mixed communities of poor and middle income people, rather than intense concentrations; more two-person households; better schools; and higher civic engagement.

Here are the 10 cities out of the largest 50 in America where somebody born in the poorest fifth of the income distribution has the best chance to make it to the top fifth.

Shutterstock

New York City, N.Y.

9.7% chance of reaching the top fifth from the bottom.

Boston, Mass.

A 9.8% chance.

Manchester, N.H.

A 9.9% chance.

See also: New Study Has Great News For People Who Were Unpopular In High School

Sacramento, Calif.

A 10.3% chance.

Wikimedia Commons

Pittsburgh, Pa.

A 10.3% chance.

San Diego, Calif.

A 10.4% chance.

See also: The 25 Best Companies For Having A Life Outside Of Work

Seattle, Wash.

A 10.4% chance.

San Francisco, Calif.

An 11.2% chance.

Ed Schipul via flcikr

San Jose, Calif.

An 11.2% chance.

See more: 17 Ways Successful People Keep Work From Destroying Their Lives

Salt Lake City, Utah

An 11.5% chance.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business Models

How to Become an AI-Centric Business (and Why It's Crucial for Long-Term Success)

Learn the essential steps to integrate AI at the core of your operations and stay competitive in an ever-evolving landscape.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Cryptocurrency / Blockchain

Bored and Hungry, the fast food restaurant that uses NFT's from the Bored Ape Yacht Collection for its image

The most famous apes of the digital world are very present in a fast food place in California.

Business News

'Creators Left So Much Money on the Table': Kickstarter's CEO Reveals the Story Behind the Company's Biggest Changes in 15 Years

In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.