Income Before Taxes: Wages and Salaries by Education: Bachelor's Degree
CXU900000LB1308M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74,554.00
Year-over-Year Change
35.36%
Date Range
1/1/1996 - 1/1/2012
Summary
This economic trend measures the average income from wages and salaries for individuals with a bachelor's degree in the United States. It is a key indicator of educational attainment and labor market conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Income Before Taxes: Wages and Salaries by Education: Bachelor's Degree series tracks the monthly average pre-tax income from wages and salaries for the population with a bachelor's degree or higher. This data provides insights into the economic returns to higher education and is used by policymakers and analysts to monitor labor market trends.
Methodology
The data is collected through household surveys by the U.S. Census Bureau.
Historical Context
This trend is widely referenced by economists, policymakers, and investors to assess labor market dynamics and the relative value of a bachelor's degree.
Key Facts
- Average income with a bachelor's degree is higher than the national average.
- Wages for bachelor's degree holders have grown faster than the overall workforce.
- Educational attainment is a key driver of income and economic mobility.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average pre-tax income from wages and salaries for individuals in the United States who hold a bachelor's degree.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the economic value of a bachelor's degree and is used by policymakers, economists, and investors to monitor labor market conditions and trends in educational attainment.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is widely referenced by policymakers, economists, and investors to assess labor market dynamics and the relative returns to higher education.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Income Before Taxes: Wages and Salaries by Education: Bachelor's Degree (CXU900000LB1308M), retrieved from FRED.