Bachelor's Degree or Higher (5-year estimate) in Shelby County, TN

HC01ESTVC1747157 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

34.20

Year-over-Year Change

20.85%

Date Range

1/1/2010 - 1/1/2023

Summary

Tracks higher education attainment in Shelby County, Tennessee. Measures the percentage of residents with bachelor's degrees or higher.

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 estimate represents the proportion of residents aged 25 and older holding a bachelor's degree or advanced academic credential.

Methodology

Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.

Historical Context

Used by economic developers to assess workforce skills and educational infrastructure.

Key Facts

  • Represents higher education achievement for 25+ population
  • Indicates potential workforce skill levels
  • Important for economic and workforce planning

FAQs

Q: What does this bachelor's degree data indicate?

A: It shows the percentage of residents with college degrees, reflecting educational achievement and potential workforce capabilities.

Q: How frequently is this data updated?

A: The 5-year estimate provides a comprehensive view of educational attainment, updated periodically.

Q: Why track bachelor's degree rates?

A: Measures human capital, potential economic productivity, and community educational development.

Q: How might this impact local economic development?

A: Higher education rates can attract businesses and indicate workforce potential for knowledge-based industries.

Q: What are the data's potential limitations?

A: 5-year estimates provide broad trends and may not capture most recent educational changes.

Similar HC01ESTVC Trends

Citation

U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1747157), retrieved from FRED.