Bachelor's Degree or Higher (5-year estimate) in McLean County, KY

HC01ESTVC1721149 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

18.40

Year-over-Year Change

62.83%

Date Range

1/1/2010 - 1/1/2023

Summary

Measures educational attainment for residents with bachelor's degrees in McLean County, Kentucky. 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 adults aged 25 and older who have completed a four-year college degree in McLean County.

Methodology

Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.

Historical Context

Used by local policymakers and economic development agencies for workforce planning.

Key Facts

  • Reflects educational infrastructure of rural Kentucky
  • Indicates potential workforce skill levels
  • Important for economic development strategies

FAQs

Q: What percentage of McLean County residents have a bachelor's degree?

A: Specific percentage varies by survey year. Check current FRED data for most recent estimate.

Q: Why is educational attainment important for economic development?

A: Higher education levels correlate with increased workforce productivity and economic opportunities.

Q: How often is this data updated?

A: 5-year estimates are typically updated annually by the U.S. Census Bureau.

Q: How does McLean County's education level compare to state averages?

A: Compare with Kentucky state data to understand relative educational achievement.

Q: What economic implications does this data have?

A: Indicates workforce skills, potential for innovation, and economic development capacity.

Similar HC01ESTVC Trends

Citation

U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1721149), retrieved from FRED.