Bachelor's Degree or Higher (5-year estimate) in Kay County, OK
HC01ESTVC1740071 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.50
Year-over-Year Change
-3.65%
Date Range
1/1/2010 - 1/1/2023
Summary
This economic trend measures the percentage of adults aged 25 and older in Kay County, Oklahoma who have attained a bachelor's degree or higher level of educational attainment. It provides insights into the educational profile of the local population.
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 Kay County, OK trend represents the share of the adult population in this county that has completed a four-year college degree or more advanced educational credential. This data point is useful for analyzing the skill levels and human capital available in the local labor force.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey, which conducts ongoing sampling of households.
Historical Context
This educational attainment metric informs policymakers and economic development professionals about the knowledge-based resources in the county.
Key Facts
- The 5-year estimate shows 21.1% of adults in Kay County, OK have a bachelor's degree or higher.
- This is lower than the national average of 32.1% for bachelor's degree attainment.
- 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 Kay County, Oklahoma who have earned a bachelor's degree or more advanced educational credential.
Q: Why is this trend relevant for users or analysts?
A: The bachelor's degree attainment rate provides insight into the skills and human capital available in the local labor force, which is important for economic development and workforce planning.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey, an ongoing sampling of households.
Q: How is this trend used in economic policy?
A: Policymakers and economic development professionals use this educational attainment metric to understand the knowledge-based resources in a given county or region.
Q: Are there update delays or limitations?
A: The data represents a 5-year estimate, so it may not fully reflect the most recent changes in the local population's educational profile.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Kay County, OK (HC01ESTVC1740071), retrieved from FRED.