Bachelor's Degree or Higher (5-year estimate) in Wolfe County, KY
HC01ESTVC1721237 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.40
Year-over-Year Change
-14.94%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for Wolfe County, Kentucky, tracking the percentage of residents with bachelor's degrees. Provides insight into local human capital and economic development potential.
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 demographic indicator reflects the educational landscape of Wolfe County. It helps economists understand workforce capabilities and potential economic mobility.
Methodology
Calculated using 5-year American Community Survey estimates from the U.S. Census Bureau.
Historical Context
Used by policymakers to assess educational infrastructure and workforce development strategies.
Key Facts
- Reflects 5-year educational trend in Wolfe County
- Critical indicator of local human capital
- Helps assess economic development potential
FAQs
Q: What does this educational data mean for Wolfe County?
A: It indicates the percentage of residents with bachelor's degrees, reflecting local educational achievement and potential economic opportunities.
Q: How is this educational data collected?
A: Data is gathered through the U.S. Census Bureau's American Community Survey using 5-year estimates.
Q: Why is educational attainment important?
A: Higher education levels correlate with increased economic productivity and individual earning potential.
Q: How often is this data updated?
A: The 5-year estimate is periodically updated to provide a comprehensive view of educational trends.
Q: Can this data help economic development?
A: Yes, it helps policymakers and investors understand local workforce capabilities and potential.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1721237), retrieved from FRED.