Bachelor's Degree or Higher (5-year estimate) in Washington County, IN
HC01ESTVC1718175 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.80
Year-over-Year Change
33.98%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks the percentage of residents with bachelor's degrees in Washington County, Indiana. Offers insights into higher education attainment and potential workforce skills.
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 estimate measures the proportion of residents aged 25 and older who have completed a bachelor's degree. It reflects advanced educational achievement in the community.
Methodology
Calculated through 5-year American Community Survey estimates by the U.S. Census Bureau.
Historical Context
Used by economic developers and educational planners to assess local human capital.
Key Facts
- Indicates advanced educational levels
- Reflects potential workforce sophistication
- Important for economic competitiveness
FAQs
Q: What does bachelor's degree attainment indicate?
A: It shows the percentage of residents over 25 with a four-year college degree in Washington County.
Q: Why are bachelor's degree rates important?
A: They reflect community educational capacity and potential for advanced economic activities.
Q: How often is this data collected?
A: The 5-year estimate is periodically updated through the American Community Survey.
Q: How can this data be used?
A: Businesses and policymakers use it to understand local workforce capabilities.
Q: What are the data's potential limitations?
A: Provides a broad estimate that may not capture most recent educational trends.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1718175), retrieved from FRED.