Bachelor's Degree or Higher (5-year estimate) in Montgomery County, MD
HC01ESTVC1724031 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.30
Year-over-Year Change
6.16%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks the percentage of residents with bachelor's degrees in Montgomery County, Maryland. Highlights the area's educational attainment and potential knowledge economy.
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 metric measures higher education completion among residents aged 25 and older. It reflects the county's intellectual capital and potential for advanced economic sectors.
Methodology
Data gathered through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Utilized by economic development agencies and educational planners.
Key Facts
- Indicates advanced educational achievement
- Signals potential for knowledge-based industries
- Reflects community's intellectual infrastructure
FAQs
Q: What does bachelor's degree data reveal about Montgomery County?
A: It shows the percentage of residents with advanced education, indicating potential for high-skill economic sectors.
Q: How frequently is this data updated?
A: The 5-year estimate provides a comprehensive view of educational trends.
Q: Why track bachelor's degree rates?
A: It helps understand workforce capabilities and potential for innovation-driven economic growth.
Q: How is this information collected?
A: Through comprehensive U.S. Census Bureau surveys conducted over multiple years.
Q: Can this data influence local policy?
A: Yes, it provides insights for education, workforce, and economic development strategies.
Similar HC01ESTVC Trends
Bachelor's Degree or Higher (5-year estimate) in Stone County, MO
HC01ESTVC1729209
High School Graduate or Higher (5-year estimate) in Elbert County, CO
HC01ESTVC1608039
Bachelor's Degree or Higher (5-year estimate) in Perry County, OH
HC01ESTVC1739127
High School Graduate or Higher (5-year estimate) in Sumner County, KS
HC01ESTVC1620191
Bachelor's Degree or Higher (5-year estimate) in Howard County, MD
HC01ESTVC1724027
High School Graduate or Higher (5-year estimate) in Fredericksburg city, VA
HC01ESTVC1651630
Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1724031), retrieved from FRED.