Bachelor's Degree or Higher (5-year estimate) in Coconino County, AZ
HC01ESTVC1704005 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.60
Year-over-Year Change
25.71%
Date Range
1/1/2010 - 1/1/2023
Summary
This economic trend measures the percentage of adults aged 25 and over in Coconino County, Arizona who have attained a bachelor's degree or higher educational level. It provides important insights into the local human capital and skill levels.
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 Bachelor's Degree or Higher (5-year estimate) in Coconino County, AZ metric is part of the U.S. Census Bureau's American Community Survey. It represents the proportion of the adult population in this county that has completed a 4-year college degree or more advanced educational credential.
Methodology
The data is collected through household surveys conducted by the U.S. Census Bureau.
Historical Context
This metric is widely used by policymakers, researchers, and businesses to assess the skill composition and educational attainment of local populations.
Key Facts
- Coconino County has a bachelor's degree or higher attainment rate of XX.X%.
- The county's education level is XX.X percentage points above/below the national average.
- This metric has increased/decreased by X.X percentage points over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This metric measures the percentage of adults aged 25 and over in Coconino County, Arizona who have attained a bachelor's degree or higher level of education.
Q: Why is this trend relevant for users or analysts?
A: The bachelor's degree attainment rate is an important indicator of the local human capital and skill composition, which informs economic and workforce development policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Census Bureau as part of the American Community Survey.
Q: How is this trend used in economic policy?
A: Policymakers, researchers, and businesses utilize this metric to assess the educational profile and skill levels of the local population, which informs workforce development initiatives and business location decisions.
Q: Are there update delays or limitations?
A: The American Community Survey data is released on a 5-year rolling average basis, so there may be a 1-2 year delay in the most recent estimates being available.
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Citation
U.S. Census Bureau, Bachelor's Degree or Higher (5-year estimate) in Coconino County, AZ (HC01ESTVC1704005), retrieved from FRED.