Bachelor's Degree or Higher (5-year estimate) in Miami-Dade County, FL
HC01ESTVC1712086 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.20
Year-over-Year Change
26.72%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for bachelor's degree holders in Miami-Dade County. 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 trend tracks the percentage of residents with a bachelor's degree or higher. It reflects educational opportunities and workforce skill levels in the Miami metropolitan area.
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 regional educational infrastructure.
Key Facts
- Indicates regional educational achievement levels
- Correlates with economic development potential
- Helps target workforce training initiatives
FAQs
Q: What percentage of Miami-Dade residents have a bachelor's degree?
A: The data provides a 5-year estimate of bachelor's degree holders in the county. Exact percentage varies by survey period.
Q: Why is bachelor's degree attainment important?
A: Higher education levels typically correlate with increased economic productivity and higher individual earnings.
Q: How often is this data updated?
A: The 5-year estimate is refreshed periodically by the U.S. Census Bureau to reflect current educational trends.
Q: How does Miami-Dade's degree attainment compare nationally?
A: Comparative analysis requires examining the specific data point against national educational attainment benchmarks.
Q: Can this data predict economic growth?
A: Educational attainment is a strong indicator of potential economic development and workforce capabilities.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1712086), retrieved from FRED.