Bachelor's Degree or Higher (5-year estimate) in Macomb County, MI
HC01ESTVC1726099 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.20
Year-over-Year Change
23.64%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks educational attainment in Macomb County, Michigan, measuring the percentage of residents with bachelor's degrees or higher. Provides crucial insights into regional 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 demographic indicator reveals the educational landscape of Macomb County, offering perspectives on workforce skills, economic potential, and social mobility.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Utilized by economic planners and policymakers to assess workforce readiness and educational infrastructure.
Key Facts
- Reflects regional educational investment
- Important for economic planning
- Indicates workforce skill potential
FAQs
Q: What percentage of Macomb County residents have a bachelor's degree?
A: The series tracks the percentage of residents with bachelor's degrees or higher. Exact percentage varies by year and data collection period.
Q: How does educational attainment impact local economy?
A: Higher education levels typically correlate with increased economic opportunities and potential for advanced industries.
Q: How frequently is this data updated?
A: The 5-year estimate is typically updated annually by the U.S. Census Bureau.
Q: What factors influence educational attainment?
A: Factors include local economic opportunities, educational institutions, and socioeconomic conditions.
Q: What are the data collection limitations?
A: 5-year estimates provide broad trends but may not capture most recent demographic shifts.
Similar HC01ESTVC Trends
High School Graduate or Higher (5-year estimate) in Randolph County, GA
HC01ESTVC1613243
Bachelor's Degree or Higher (5-year estimate) in Dallas County, TX
HC01ESTVC1748113
Bachelor's Degree or Higher (5-year estimate) in Tucker County, WV
HC01ESTVC1754093
High School Graduate or Higher (5-year estimate) in Hanson County, SD
HC01ESTVC1646061
High School Graduate or Higher (5-year estimate) in Lincoln County, MS
HC01ESTVC1628085
High School Graduate or Higher (5-year estimate) in Wyoming County, WV
HC01ESTVC1654109
Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1726099), retrieved from FRED.