This study examines how immigrant parents’ geographic origins correspond to their adult children's ethnic and racial self-classification; whether discrepancies are associated with socioeconomic status; and the implications of these patterns for assessing socioeconomic inequality. Using linked British census data, we identify immigrants’ children in 1971 and examine how they ethnically/racially self-classify in 2001. We find that fluidity in classification varies across groups, but higher educational attainment is consistently associated with less white British classification. Therefore, grouping immigrants’ children by ethnic/racial self-classification underestimates socioeconomic disadvantage for these groups. However, grouping by parental birthplace overlooks variation in racialization and disadvantage among children of immigrants from the same country of origin.