Bachelor's Degree or Higher (5-year estimate) in Wayne County, NY
HC01ESTVC1736117 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.50
Year-over-Year Change
22.60%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks the percentage of residents with bachelor's degrees in Wayne County, New York. Offers insights into higher education attainment and potential economic capacity.
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 estimate measures the proportion of residents aged 25 and older who have completed a bachelor's degree. It reflects educational sophistication and potential workforce skills.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by economic developers and educational planners to assess human capital.
Key Facts
- Indicates advanced educational levels
- Reflects potential economic innovation
- Useful for workforce analysis
FAQs
Q: What does bachelor's degree data reveal about Wayne County?
A: It shows the percentage of residents with college degrees, indicating educational sophistication and potential economic capacity.
Q: How frequently is this data updated?
A: The 5-year estimate provides a comprehensive view of educational attainment, updated periodically.
Q: Why track bachelor's degree rates?
A: It helps understand workforce skills, potential innovation, and economic development opportunities.
Q: How is this data collected?
A: Through comprehensive U.S. Census Bureau surveys targeting residents aged 25 and older.
Q: Can this data inform local policy?
A: Yes, it provides critical insights for education, workforce, and economic development strategies.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1736117), retrieved from FRED.