Bachelor's Degree or Higher (5-year estimate) in Newton County, MO
HC01ESTVC1729145 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.00
Year-over-Year Change
25.68%
Date Range
1/1/2010 - 1/1/2023
Summary
This trend measures the percentage of the population in Newton County, Missouri with a bachelor's degree or higher level of educational attainment. It provides insights into the area's human capital and skill levels, which are important factors for economic development and growth.
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 Newton County, MO metric represents the proportion of the county's population aged 25 and older who have obtained at least a bachelor's degree. This statistic is widely used by economists, policymakers, and urban planners to evaluate the educational attainment and workforce qualifications within a given geographic region.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey (ACS) and calculated as a 5-year rolling average.
Historical Context
This educational attainment measure is valuable for analyzing local economic competitiveness and guiding workforce development initiatives.
Key Facts
- The 5-year estimate for Newton County, MO is 20.7%.
- Educational attainment is a key determinant of income and economic mobility.
- Higher levels of educational attainment are associated with greater innovation and entrepreneurship.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the population in Newton County, Missouri aged 25 and older who have obtained at least a bachelor's degree.
Q: Why is this trend relevant for users or analysts?
A: The educational attainment of a region's population is a crucial indicator of its human capital and workforce qualifications, which are key factors for economic development and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey (ACS) and calculated as a 5-year rolling average.
Q: How is this trend used in economic policy?
A: This metric is used by economists, policymakers, and urban planners to evaluate the educational profile of a local area and guide workforce development initiatives and other economic policies.
Q: Are there update delays or limitations?
A: The 5-year ACS estimates are updated annually, with a 1-year lag between the survey year and data release.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Newton County, MO (HC01ESTVC1729145), retrieved from FRED.