Bachelor's Degree or Higher (5-year estimate) in Delaware County, NY
HC01ESTVC1736025 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.70
Year-over-Year Change
42.02%
Date Range
1/1/2010 - 1/1/2023
Summary
This economic trend measures the percentage of adults aged 25 and older in Delaware County, New York who have attained a bachelor's degree or higher level of educational attainment. This metric is important for understanding the local labor force and human capital.
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 Delaware County, NY trend provides a reliable snapshot of educational attainment in the region. It is a key indicator of the skill level and knowledge base of the local population, which informs economic development and workforce planning.
Methodology
This data is collected through the U.S. Census Bureau's American Community Survey, which conducts ongoing sampling of households.
Historical Context
Policymakers and businesses use this metric to assess the local talent pool and make informed decisions about economic and workforce strategies.
Key Facts
- Delaware County, NY has a bachelor's degree or higher attainment rate of 26.7% (2016-2020 estimate).
- This rate is lower than the national average of 32.9% for the same period.
- Educational attainment is a key factor in regional economic competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of adults aged 25 and older in Delaware County, New York who have attained a bachelor's degree or higher level of educational attainment.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the local labor force and human capital, which informs economic development and workforce planning.
Q: How is this data collected or calculated?
A: This data is collected through the U.S. Census Bureau's American Community Survey, which conducts ongoing sampling of households.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this metric to assess the local talent pool and make informed decisions about economic and workforce strategies.
Q: Are there update delays or limitations?
A: The data is released as 5-year estimates, so it may not reflect the most recent changes in the local population.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Delaware County, NY (HC01ESTVC1736025), retrieved from FRED.