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This study examines patterns and relations between gentrification and urban schooling across U.S. cities using longitudinal data from 2000 to 2014. The first section presents new statistics on the incidence and distribution of gentrification occurring around urban schools in the United States as a whole. Of the roughly 18% of urban schools located in divested neighborhoods in the year 2000, roughly one in five experienced gentrification in their surrounding neighborhood by 2014. However, there exists considerable heterogeneity in the prevalence of gentrification across U.S. cities, with exposure rates ranging from zero in some cities to over 50% in others. The second section finds evidence that gentrification is associated with declining enrollment overall and with respect to Latinx and economically-disadvantaged students in neighborhood schools. This study also finds evidence that the largest declines in student enrollment occur when gentrifiers are White.