Bachelor's Degree or Higher (5-year estimate) in Crockett County, TX
HC01ESTVC1748105 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.00
Year-over-Year Change
61.76%
Date Range
1/1/2010 - 1/1/2023
Summary
This economic trend measures the percentage of the population in Crockett County, Texas with a bachelor's degree or higher. It provides valuable insights into the educational attainment and human capital of the local community.
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 percentage is an important indicator of a region's economic development and workforce capabilities. It is used by policymakers, businesses, and researchers to understand educational trends and inform decisions related to economic planning, talent attraction, and community investment.
Methodology
This data is collected through the U.S. Census Bureau's American Community Survey, which samples a portion of the population annually.
Historical Context
Trends in educational attainment are closely monitored by local and regional economic development agencies to guide policy and attract high-skilled talent.
Key Facts
- Crockett County, TX has a bachelor's degree or higher rate of 15.4% (2016-2020 estimate).
- The national average bachelor's degree or higher rate is 32.9% (2016-2020 estimate).
- Educational attainment is a key driver of economic growth and prosperity in local communities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the population in Crockett County, Texas that has attained a bachelor's degree or higher level of education.
Q: Why is this trend relevant for users or analysts?
A: Educational attainment is a crucial indicator of a region's human capital and economic development potential. This data is used by policymakers, businesses, and researchers to understand local workforce capabilities and inform decisions related to economic planning and community investment.
Q: How is this data collected or calculated?
A: This data is collected through the U.S. Census Bureau's American Community Survey, which samples a portion of the population annually.
Q: How is this trend used in economic policy?
A: Trends in educational attainment are closely monitored by local and regional economic development agencies to guide policy and attract high-skilled talent to support economic growth and prosperity.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 year lag and represents a 5-year average estimate rather than a single-year observation.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Crockett County, TX (HC01ESTVC1748105), retrieved from FRED.