High School Graduate or Higher (5-year estimate) in Fredericksburg city, VA
HC01ESTVC1651630 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.60
Year-over-Year Change
4.28%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for high school graduates in Fredericksburg, Virginia. Provides critical insight into local human capital and workforce preparedness.
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
This trend tracks the percentage of residents aged 25 and older who have completed high school education. It reflects community educational development and potential economic opportunities.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by local policymakers for educational planning and economic development strategies.
Key Facts
- Indicates community educational achievement levels
- Critical for workforce development assessment
- Helps target educational improvement initiatives
FAQs
Q: What does this educational attainment data represent?
A: Percentage of Fredericksburg residents 25+ who have completed high school. Reflects community educational status.
Q: How often is this data updated?
A: Updated approximately every 5 years through the American Community Survey.
Q: Why is high school graduation rate important?
A: Indicates workforce readiness and potential economic opportunities for the community.
Q: How does this compare to state or national averages?
A: Requires comparative analysis with Virginia and U.S. educational attainment statistics.
Q: What factors influence this metric?
A: Local education policies, economic conditions, and community investment in education.
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Citation
U.S. Federal Reserve, High School Graduate or Higher (HC01ESTVC1651630), retrieved from FRED.