Bachelor's Degree or Higher (5-year estimate) in DuPage County, IL
HC01ESTVC1717043 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51.40
Year-over-Year Change
12.72%
Date Range
1/1/2010 - 1/1/2023
Summary
This economic trend measures the percentage of adults aged 25 and older in DuPage County, Illinois who have earned a bachelor's degree or higher. It provides valuable insights into the educational attainment of the local population.
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 DuPage County, IL trend is a key indicator of the county's human capital and economic potential. It is used by policymakers, businesses, and researchers to understand the educational profile of the local workforce and inform decisions related to economic development, talent attraction, and educational investments.
Methodology
This data is collected through the U.S. Census Bureau's American Community Survey, which conducts regular surveys to estimate demographic and socioeconomic characteristics.
Historical Context
The educational attainment of a population is closely linked to its economic outcomes, such as income levels, employment opportunities, and productivity.
Key Facts
- DuPage County has a higher percentage of adults with a bachelor's degree or higher compared to the national average.
- The trend has shown steady growth over the past decade, indicating improved educational outcomes in the region.
- Educational attainment is a key factor in attracting and retaining high-skilled talent and fostering economic development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of adults aged 25 and older in DuPage County, Illinois who have earned a bachelor's degree or higher.
Q: Why is this trend relevant for users or analysts?
A: The educational attainment of a population is closely linked to its economic outcomes, such as income levels, employment opportunities, and productivity. This trend provides valuable insights into the human capital and economic potential of DuPage County.
Q: How is this data collected or calculated?
A: This data is collected through the U.S. Census Bureau's American Community Survey, which conducts regular surveys to estimate demographic and socioeconomic characteristics.
Q: How is this trend used in economic policy?
A: Policymakers, businesses, and researchers use this trend to understand the educational profile of the local workforce and inform decisions related to economic development, talent attraction, and educational investments.
Q: Are there update delays or limitations?
A: The data is released as 5-year estimates, which may not reflect the most recent changes in the population's educational attainment.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in DuPage County, IL (HC01ESTVC1717043), retrieved from FRED.