Bachelor's Degree or Higher (5-year estimate) in Newton County, IN
HC01ESTVC1718111 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.70
Year-over-Year Change
69.14%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks the percentage of residents with bachelor's degrees in Newton County, Indiana. Provides critical insights into higher education attainment and workforce sophistication.
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 measures the proportion of residents aged 25 and older who have completed a bachelor's degree. It reflects advanced educational achievement and potential economic opportunities.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by economic planners and educational institutions for strategic development.
Key Facts
- Indicates advanced workforce capabilities
- Reflects community educational investment
- Important for attracting knowledge-based industries
FAQs
Q: What does bachelor's degree data reveal about Newton County?
A: It shows the percentage of residents with advanced education, indicating workforce sophistication and potential economic opportunities.
Q: How is bachelor's degree data collected?
A: Through the U.S. Census Bureau's American Community Survey with 5-year rolling estimates.
Q: Why are bachelor's degree rates important?
A: They measure advanced human capital, workforce skills, and potential for knowledge-based economic growth.
Q: How frequently is this data updated?
A: The 5-year estimate provides comprehensive and periodically refreshed demographic insights.
Q: Can this data influence economic development?
A: Yes, it helps attract businesses and plan educational and workforce development strategies.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1718111), retrieved from FRED.