Bachelor's Degree or Higher (5-year estimate) in Merced County, CA
HC01ESTVC1706047 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.80
Year-over-Year Change
20.33%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for residents with bachelor's degrees in Merced County, California. Provides critical insights 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 with a bachelor's degree or higher in the county.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by policymakers and economic developers to assess workforce education levels.
Key Facts
- Reflects educational attainment trends
- Critical for economic planning
- Indicates potential workforce skills
FAQs
Q: What does this data series measure?
A: Percentage of Merced County residents with a bachelor's degree or higher. Helps understand local educational landscape.
Q: Why is educational attainment important?
A: Higher education levels correlate with increased economic opportunities and workforce productivity.
Q: How often is this data updated?
A: Typically updated annually through 5-year American Community Survey estimates.
Q: How can this data be used?
A: Useful for economic development, education policy, and workforce training program planning.
Q: What are the limitations of this data?
A: Represents a 5-year estimate, so may not capture most recent rapid changes in educational trends.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1706047), retrieved from FRED.