Bachelor's Degree or Higher (5-year estimate) in Carroll County, MD
HC01ESTVC1724013 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.70
Year-over-Year Change
26.03%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks higher education attainment in Carroll County, Maryland. Provides crucial insights into regional educational 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 measures the percentage of residents aged 25 and older with a bachelor's degree or higher. It reflects advanced educational achievement.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by economic developers and educational planners to assess regional human capital.
Key Facts
- Indicates advanced educational levels
- Reflects potential workforce skills
- Important for economic competitiveness
FAQs
Q: What does bachelor's degree attainment indicate?
A: Measures percentage of residents 25+ with college degrees. Suggests advanced workforce capabilities.
Q: Why track bachelor's degree rates?
A: Helps understand regional human capital, innovation potential, and economic development strategies.
Q: How often is this data updated?
A: Updated through 5-year American Community Survey estimates by U.S. Census Bureau.
Q: How can this data be used?
A: Guides educational investment, workforce development, and economic attraction strategies.
Q: What are the data's limitations?
A: Represents a 5-year estimate, potentially missing recent educational trend shifts.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1724013), retrieved from FRED.