Bachelor's Degree or Higher (5-year estimate) in Davidson County, NC
HC01ESTVC1737057 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.70
Year-over-Year Change
23.21%
Date Range
1/1/2010 - 1/1/2023
Summary
The 'Bachelor's Degree or Higher (5-year estimate) in Davidson County, NC' series tracks the percentage of the population in Davidson County, North Carolina that has obtained a bachelor's degree or higher. This metric is important for understanding the educational attainment and human capital in the local area.
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 series provides a 5-year estimate of the percentage of the population aged 25 and over in Davidson County, North Carolina that has completed a bachelor's degree or higher level of education. It is a key indicator of the educational and skill levels in the region, which can impact economic development, workforce quality, and other policy considerations.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This metric is widely used by policymakers, economists, and urban planners to assess a region's human capital and potential for economic growth.
Key Facts
- Davidson County, NC has a bachelor's degree or higher attainment rate of 22.6%.
- The county's bachelor's degree rate is lower than the national average of 32.1%.
- Educational attainment is a key factor in economic development and workforce quality.
FAQs
Q: What does this economic trend measure?
A: This series measures the percentage of the population aged 25 and over in Davidson County, North Carolina that has obtained a bachelor's degree or higher level of education.
Q: Why is this trend relevant for users or analysts?
A: The bachelor's degree attainment rate is an important indicator of the educational and skill levels in a region, which can impact economic development, workforce quality, and other policy considerations.
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 metric is widely used by policymakers, economists, and urban planners to assess a region's human capital and potential for economic growth.
Q: Are there update delays or limitations?
A: The 5-year estimates provided in this series may have a slight delay in reflecting the most recent changes in the population's educational attainment.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Davidson County, NC (HC01ESTVC1737057), retrieved from FRED.