Bachelor's Degree or Higher (5-year estimate) in Newport County, RI
HC01ESTVC1744005 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53.00
Year-over-Year Change
20.18%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks the percentage of residents with bachelor's degrees in Newport County, Rhode Island. Provides insights into higher education attainment and regional intellectual 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 trend measures the proportion of adults aged 25 and older who have completed a four-year college degree. It reflects educational advancement and potential economic opportunities.
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 regional human capital and workforce potential.
Key Facts
- Indicates potential for knowledge-based economic growth
- Reflects community investment in higher education
- Correlates with potential income and economic mobility
FAQs
Q: What does bachelor's degree attainment indicate?
A: It shows the percentage of Newport County residents with four-year college degrees. Higher percentages suggest stronger educational infrastructure.
Q: Why are bachelor's degree rates important?
A: They reflect workforce skills, potential economic innovation, and community educational achievement.
Q: How often is this data updated?
A: The 5-year estimate provides a comprehensive view, updated periodically by the U.S. Census Bureau.
Q: How does this compare to other coastal counties?
A: Comparing rates helps understand regional educational and economic competitiveness.
Q: What economic implications do these rates have?
A: Higher education levels often correlate with increased innovation, higher incomes, and economic resilience.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1744005), retrieved from FRED.