Bachelor's Degree or Higher (5-year estimate) in Richmond County, NC
HC01ESTVC1737153 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.20
Year-over-Year Change
44.64%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks the percentage of residents with bachelor's degrees in Richmond County, North Carolina. Offers valuable insights into higher education attainment and local 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
This demographic indicator measures the proportion of residents aged 25 and older who have completed a bachelor's degree. It reflects advanced educational achievement in the community.
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 local workforce capabilities.
Key Facts
- Indicates advanced educational levels
- Reflects workforce skill potential
- Important for economic competitiveness
FAQs
Q: What does this bachelor's degree data represent?
A: It shows the percentage of residents with a bachelor's degree, indicating advanced educational achievement in Richmond County.
Q: How is this educational data gathered?
A: Data is collected through the U.S. Census Bureau's comprehensive 5-year American Community Survey.
Q: Why are bachelor's degree rates important?
A: They indicate workforce skill levels, potential for innovation, and economic development capacity.
Q: How frequently is this data updated?
A: The 5-year estimate is periodically refreshed to capture current educational trends.
Q: Can this data inform local economic strategies?
A: Absolutely, it provides critical insights for workforce development and economic planning.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1737153), retrieved from FRED.