Bachelor's Degree or Higher (5-year estimate) in Somerset County, NJ
HC01ESTVC1734035 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57.40
Year-over-Year Change
14.34%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks educational attainment for residents with bachelor's degrees in Somerset County, New Jersey. Provides valuable insights into regional human capital 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 measures the percentage of adults aged 25 and older with a bachelor's degree or higher. Reflects educational opportunities and workforce potential.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by economic planners to assess regional educational and workforce capabilities.
Key Facts
- Indicates regional educational achievement
- Helps predict economic development potential
- Reflects community's educational investment
FAQs
Q: What does this educational attainment data represent?
A: Measures percentage of adults with bachelor's degrees in Somerset County. Indicates local education levels.
Q: How frequently is this data updated?
A: Updated through 5-year American Community Survey estimates. Provides comprehensive regional view.
Q: Why track educational attainment?
A: Provides insights into workforce skills, economic potential, and community development.
Q: How can businesses use this data?
A: Helps understand local talent pool, workforce capabilities, and potential economic strengths.
Q: What are the data's limitations?
A: 5-year estimate may not capture most recent educational trends or rapid changes.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1734035), retrieved from FRED.