High School Graduate or Higher (5-year estimate) in Red River Parish, LA
HC01ESTVC1622081 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
81.20
Year-over-Year Change
9.73%
Date Range
1/1/2010 - 1/1/2023
Summary
This economic trend measures the percentage of the population in Red River Parish, Louisiana that has attained at least a high school education, based on 5-year estimates. It provides important insights into the educational attainment and human capital of the local area.
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 High School Graduate or Higher (5-year estimate) trend represents the share of the population aged 25 and older in Red River Parish, Louisiana that has completed high school or a higher level of education. This metric is a key indicator of the educational profile and skill level of the local workforce.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is widely used by policymakers, economic developers, and researchers to assess the quality of the local labor force and guide investment and education decisions.
Key Facts
- Red River Parish, LA has a high school graduate rate of 77.1% according to 5-year estimates.
- The high school graduation rate in Red River Parish is lower than the national average of 87.7%.
- Educational attainment is a key factor in economic and workforce development for local communities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the population aged 25 and older in Red River Parish, Louisiana that has attained at least a high school education or higher degree.
Q: Why is this trend relevant for users or analysts?
A: The high school graduation rate is an important indicator of the skill level and human capital in a local area, which is crucial for economic development, workforce planning, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: Policymakers, economic developers, and researchers use this metric to assess the quality of the local labor force and guide investments in education, workforce training, and business attraction.
Q: Are there update delays or limitations?
A: The data is reported in 5-year estimates, so there may be a delay of several years before the most recent information is available.
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Citation
U.S. Federal Reserve, High School Graduate or Higher (5-year estimate) in Red River Parish, LA (HC01ESTVC1622081), retrieved from FRED.