The economic position of many elders has improved over the past few decades
. Several groups of elders remain disadvantaged, however, including nonmetr
opolitan elders and women in any setting. This study examines differences i
n household income and poverty rates for metropolitan and nonmetropolitan w
omen ages 55 and over in 1970, 1980 and 1990. Comparison of median incomes
for women the same age across birth cohorts reveals that much of the improv
ement in women's economic well-being occurs because younger cohorts have hi
gher incomes when they enter older ages. There also is evidence that income
s decline as the cohort ages. Nonmetro women have lower incomes and higher
poverty rates than metro women in every comparison, even when demographic c
haracteristics are controlled. While the metro/nonmetro income gap declines
from 1970 to 1980, it increases from 1980 to 1990. The largest income gap
occurs for women ages 55 to 64 in 1990, the youngest cohort examined, offer
ing no evidence to support convergence of household incomes among metro and
nonmetro older women in the near future.