Bachelor's Degree or Higher (5-year estimate) in Lafayette County, FL
HC01ESTVC1712067 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.90
Year-over-Year Change
-23.30%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks the percentage of residents with bachelor's degrees in Lafayette County, Florida, offering insights into local educational achievement. Provides critical data for understanding community human capital.
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 trend captures the educational profile of Lafayette County, measuring advanced academic credentials among residents.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Utilized by local governments and economic planners to assess educational resources.
Key Facts
- Reflects community educational investment
- Indicates potential workforce skills
- Helps target educational strategies
FAQs
Q: What percentage of Lafayette County residents have a bachelor's degree?
A: The specific percentage varies by year. Consult the most recent FRED data for current information.
Q: How does educational attainment impact rural economies?
A: Higher education levels can attract businesses and improve economic diversification in rural areas.
Q: How often is this data updated?
A: The 5-year estimate is typically refreshed annually by the U.S. Census Bureau.
Q: Why track educational attainment in small counties?
A: It helps understand local human capital, economic potential, and educational needs.
Q: Can this data inform educational policy?
A: Yes, it provides insights for targeting educational resources and understanding community learning trends.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1712067), retrieved from FRED.