Bachelor's Degree or Higher (5-year estimate) in Queen Anne's County, MD
HC01ESTVC1724035 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.20
Year-over-Year Change
24.41%
Date Range
1/1/2010 - 1/1/2023
Summary
This trend measures the percentage of the population aged 25 and older with a bachelor's degree or higher in Queen Anne's County, Maryland. It provides important insights into the educational attainment and human capital within the local community.
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
The Bachelor's Degree or Higher (5-year estimate) in Queen Anne's County, MD is a key indicator of the educational profile of the adult population. It is used by policymakers, researchers, and community stakeholders to understand the skills and knowledge base available in the region.
Methodology
This data is collected through the U.S. Census Bureau's American Community Survey with a 5-year rolling average.
Historical Context
Trends in educational attainment are closely monitored to inform workforce development, economic planning, and investments in human capital.
Key Facts
- The 5-year estimate for Queen Anne's County, MD was 42.3% in 2021.
- This represents a 3.9 percentage point increase from the 2016 estimate of 38.4%.
- Educational attainment is a key driver of economic productivity and community prosperity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the population aged 25 and older in Queen Anne's County, Maryland who have obtained a bachelor's degree or higher level of educational attainment.
Q: Why is this trend relevant for users or analysts?
A: Educational attainment is a critical indicator of the skills and human capital available within a community, which informs workforce development, economic planning, and investments in education.
Q: How is this data collected or calculated?
A: This data is collected through the U.S. Census Bureau's American Community Survey using a 5-year rolling average.
Q: How is this trend used in economic policy?
A: Trends in educational attainment are closely monitored by policymakers, economists, and community stakeholders to understand the knowledge and skills base available to support economic growth and prosperity.
Q: Are there update delays or limitations?
A: The 5-year estimates provided by the American Community Survey have a 1-year reporting lag, so the most recent data available may not reflect the current state of the community.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Queen Anne's County, MD (HC01ESTVC1724035), retrieved from FRED.