Bachelor's Degree or Higher (5-year estimate) in Bernalillo County, NM
HC01ESTVC1735001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.40
Year-over-Year Change
18.35%
Date Range
1/1/2010 - 1/1/2023
Summary
This statistic measures the percentage of the population aged 25 and older in Bernalillo County, New Mexico who have attained a bachelor's degree or higher educational level. It provides insights into the educational attainment and human capital within the county.
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 Bernalillo County, NM statistic represents the share of the adult population in the county that has completed a bachelor's degree or an advanced degree. This metric is a key indicator of the educational profile and workforce skills within the local economy.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This educational attainment metric is widely used by policymakers, researchers, and businesses to assess regional human capital and socioeconomic development.
Key Facts
- Bernalillo County's bachelor's degree or higher rate is 33.7%.
- The national average bachelor's degree or higher rate is 32.1%.
- Educational attainment is a key driver of economic growth and productivity.
FAQs
Q: What does this economic trend measure?
A: This statistic measures the percentage of the population aged 25 and older in Bernalillo County, New Mexico who have attained a bachelor's degree or higher educational level.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the educational profile and human capital within the local economy, which is a key factor in assessing regional 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.
Q: How is this trend used in economic policy?
A: This educational attainment statistic is widely used by policymakers, researchers, and businesses to evaluate regional human capital and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is based on 5-year estimates from the American Community Survey, so it may not reflect the most recent changes in educational attainment.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Bernalillo County, NM (HC01ESTVC1735001), retrieved from FRED.