Bachelor's Degree or Higher (5-year estimate) in Toole County, MT
HC01ESTVC1730101 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.50
Year-over-Year Change
20.11%
Date Range
1/1/2010 - 1/1/2023
Summary
This trend measures the percentage of the population aged 25 and older in Toole County, Montana who have attained a bachelor's degree or higher educational level. It provides insights into the local human capital and workforce characteristics.
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) trend represents the proportion of the adult population in a specific geographic area that has completed a 4-year college degree or more advanced educational credential. This metric is a key indicator of educational attainment and can inform workforce development, public policy, and economic analyses.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey (ACS) and represents a 5-year rolling average estimate.
Historical Context
Policymakers and businesses use this trend to understand the local labor force composition and educational profile when making decisions around economic development, talent attraction, and public investments.
Key Facts
- Toole County, MT had a 5-year bachelor's degree or higher rate of 21.7% in the latest data.
- This rate is lower than the national average of 32.1%.
- Educational attainment is a key factor in local economic competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the population aged 25 and older in Toole County, Montana who have attained a bachelor's degree or higher level of education.
Q: Why is this trend relevant for users or analysts?
A: The educational attainment of a local population is a key indicator of workforce quality and human capital, which are important factors for economic development, talent attraction, and public policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey and represents a 5-year rolling average estimate.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this trend to understand the local labor force composition and educational profile when making decisions around economic development, workforce training, and public investments.
Q: Are there update delays or limitations?
A: The 5-year ACS estimates are updated annually but may have a 1-2 year lag compared to the current year.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Toole County, MT (HC01ESTVC1730101), retrieved from FRED.