Bachelor's Degree or Higher (5-year estimate) in Hennepin County, MN
HC01ESTVC1727053 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53.30
Year-over-Year Change
19.24%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for Hennepin County, Minnesota, tracking the percentage of residents with bachelor's degrees or higher. Provides critical 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 reflects the educational landscape of Hennepin County, capturing the proportion of adults with advanced academic credentials. It helps assess workforce potential and economic competitiveness.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by policymakers and economic planners to evaluate workforce education and regional development strategies.
Key Facts
- Reflects educational trends in Minneapolis metropolitan area
- Indicates potential workforce skill levels
- Critical for economic and workforce planning
FAQs
Q: What does this data series measure?
A: Percentage of Hennepin County residents aged 25+ with bachelor's degrees or higher. Provides insight into educational attainment.
Q: Why is educational attainment important?
A: Higher education levels correlate with increased economic productivity and higher individual earning potential.
Q: How often is this data updated?
A: Typically updated annually through the American Community Survey 5-year estimates.
Q: How can businesses use this data?
A: Helps companies assess local talent pools and workforce capabilities for recruitment and expansion.
Q: What are limitations of this data?
A: Represents a 5-year estimate, so may not capture most recent short-term educational changes.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1727053), retrieved from FRED.