Bachelor's Degree or Higher (5-year estimate) in Union County, IN
HC01ESTVC1718161 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.60
Year-over-Year Change
21.18%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for Union County, Indiana residents with bachelor's degrees. 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 educational demographic statistic tracks the percentage of adults holding a bachelor's degree or higher in a specific geographic 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 workforce education levels.
Key Facts
- Reflects 5-year population education trends
- Indicates local workforce skill potential
- Critical for economic planning metrics
FAQs
Q: What does this educational data represent?
A: Percentage of Union County residents aged 25+ with a bachelor's degree or higher educational level.
Q: Why is educational attainment important?
A: Indicates workforce skills, economic potential, and community development opportunities.
Q: How often is this data updated?
A: Typically updated through 5-year American Community Survey estimates.
Q: Can this data predict economic growth?
A: Higher education levels often correlate with increased economic productivity and innovation potential.
Q: How reliable are these estimates?
A: Based on comprehensive U.S. Census Bureau statistical sampling methodologies.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1718161), retrieved from FRED.