Bachelor's Degree or Higher (5-year estimate) in Washington County, RI
HC01ESTVC1744009 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
50.50
Year-over-Year Change
18.82%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks higher education attainment in Washington County, Rhode Island. Provides insights into regional educational achievement and workforce potential.
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 percentage of residents aged 25 and older with a bachelor's degree or higher. It reflects advanced educational levels.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by economic planners to assess regional human capital and innovation potential.
Key Facts
- Indicates advanced educational achievement
- Reflects potential for knowledge-based economic development
- Helps understand regional workforce capabilities
FAQs
Q: What does bachelor's degree attainment indicate?
A: Measures percentage of residents 25+ with college degrees. Reflects advanced educational and workforce potential.
Q: Why are college graduation rates important?
A: Indicates region's capacity for innovation, knowledge-based industries, and economic competitiveness.
Q: How often is this data updated?
A: Typically updated through 5-year American Community Survey estimates.
Q: How can this data be used?
A: Helps economic developers, educators, and policymakers understand regional human capital.
Q: What are the limitations of this data?
A: Represents a 5-year estimate, so may not capture most recent educational trends.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1744009), retrieved from FRED.