Bachelor's Degree or Higher (5-year estimate) in Faulkner County, AR
HC01ESTVC1705045 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.20
Year-over-Year Change
28.19%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for residents with bachelor's degrees in Faulkner County, Arkansas. Provides critical insight into local human capital and workforce development.
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 demographic indicator tracks the percentage of adults aged 25 and older who have completed a four-year college degree in the county.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by economic planners and educational policymakers to assess regional workforce potential.
Key Facts
- Reflects educational achievement in specific geographic area
- Indicates potential workforce skill levels
- Helps assess economic development potential
FAQs
Q: What does this educational data mean for Faulkner County?
A: It indicates the percentage of adults with advanced education, reflecting workforce skills and potential economic development.
Q: How is this educational data collected?
A: Data is gathered through the U.S. Census Bureau's comprehensive American Community Survey.
Q: Why is bachelor's degree attainment important?
A: Higher education levels correlate with increased economic opportunities and regional competitiveness.
Q: How often is this data updated?
A: The 5-year estimate provides a comprehensive view of educational trends with periodic updates.
Q: Can this data predict economic growth?
A: Educational attainment is a strong indicator of potential economic development and workforce quality.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1705045), retrieved from FRED.