Bachelor's Degree or Higher (5-year estimate) in Hutchinson County, SD
HC01ESTVC1746067 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.70
Year-over-Year Change
-1.53%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for residents with bachelor's degrees in Hutchinson County, South Dakota. Provides critical insight into local human capital and workforce development.
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 tracks the percentage of adults holding bachelor's degrees in a specific county. It reflects educational opportunities and potential economic mobility.
Methodology
Calculated using 5-year American Community Survey estimates from the U.S. Census Bureau.
Historical Context
Used by policymakers and economic developers to assess workforce education levels.
Key Facts
- Indicates local educational achievement levels
- Helps predict economic potential
- Part of comprehensive demographic analysis
FAQs
Q: What does this educational data mean for Hutchinson County?
A: It reveals the percentage of adults with bachelor's degrees, indicating workforce education and potential economic opportunities.
Q: How is this educational data collected?
A: Data is gathered through the U.S. Census Bureau's American Community Survey using 5-year estimates.
Q: Why is educational attainment important?
A: Higher education levels correlate with increased economic productivity and individual earning potential.
Q: How often is this data updated?
A: The 5-year estimate is periodically refreshed to provide current demographic insights.
Q: Can this data help with economic planning?
A: Yes, it assists local governments and businesses in understanding workforce capabilities and educational trends.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1746067), retrieved from FRED.