Income | KERA News

Income

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Does geography actually matter when it comes to getting that first job?

A new Wallethub study ranks the best and worst cities for starting a career, and Texas is all over the top 25. Analyst Jill Gonzalez breaks down the rankings with KERA's Courtney Collins.

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Making money is one thing -- managing it is another. And new stats out from Creditcards.com prove that. The median income for Texas is better than average, but credit scores in the Lone Star State are some of the worst in the country.

A recent study discovered that geography has a big effect on whether children will rise into a higher income bracket than their parents. The New York Times calculates the chances that a child will rise from the bottom fifth percentile of income to the top fifth. The number in the Dallas area is 6.4 percent; kids in the Fort Worth area have a better shot, at 8.8 percent. Some of the study’s findings also concluded that geography mattered less for well-off children than for middle-class and low-income children.

Parkland Hospital’s income is dropping while expenses are rising. KERA’s BJ Austin reports.