Federal Reserve Bank of Boston

01/13/2026 | Press release | Distributed by Public on 01/13/2026 09:26

Educational Attainment and Wage Growth in New England: Evidence from Four Decades of Administrative Wage Records

Per capita personal income in New England grew from $10,731 to $87,655 during the 1980-2024 period. This increase, the largest among all US census divisions, coincided with significant growth in educational attainment in the region. As of 2024, 53 percent of New England workers aged 25 to 64 held at least a bachelor's degree, and 23 percent possessed advanced degrees, compared with national averages of 44 percent and 17 percent, respectively. This study provides new insights into the relationship between educational attainment and income growth in New England, examining both individual earnings and broader regional trajectories.

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Federal Reserve Bank of Boston published this content on January 13, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on January 13, 2026 at 15:27 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]