Bachelor's Degree or Higher (5-year estimate) in Ontario County, NY
HC01ESTVC1736069 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.20
Year-over-Year Change
21.97%
Date Range
1/1/2010 - 1/1/2023
Summary
This economic trend measures the percentage of the population in Ontario County, New York that has attained a bachelor's degree or higher level of education. It is an important indicator of the local human capital and skill level.
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 Ontario County, NY trend provides a snapshot of educational attainment in the region. It is used by economists, policymakers, and local officials to analyze the area's talent pool and workforce capabilities.
Methodology
This data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Trends in educational attainment are relevant for economic development, business investment, and policy decisions in the region.
Key Facts
- The 5-year estimate for Ontario County, NY is 33.4%.
- This is slightly higher than the national average of 32.1%.
- Educational attainment is a key driver of economic growth and productivity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the population in Ontario County, New York that has attained a bachelor's degree or higher level of education.
Q: Why is this trend relevant for users or analysts?
A: Trends in educational attainment are important indicators of a region's human capital and workforce capabilities, which are crucial for economic development, business investment, and policy decisions.
Q: How is this data collected or calculated?
A: This data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: Policymakers and local officials use this data to analyze the talent pool and skill level in the Ontario County region, informing decisions around economic development, workforce training, and talent attraction.
Q: Are there update delays or limitations?
A: The data is a 5-year estimate, updated annually, and may not reflect the most recent changes in the region.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Ontario County, NY (HC01ESTVC1736069), retrieved from FRED.