Bachelor's Degree or Higher (5-year estimate) in Charlottesville city, VA
HC01ESTVC1751540 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.60
Year-over-Year Change
24.95%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks educational attainment for residents with bachelor's degrees in Charlottesville, Virginia. Offers valuable insights into urban educational landscape 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 trend measures the percentage of adults holding a bachelor's degree or higher in Charlottesville. It reflects local educational achievement and economic preparedness.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by urban planners and economic researchers to assess educational capabilities.
Key Facts
- Indicates urban educational landscape
- Reflects workforce knowledge potential
- Helps understand local economic capacity
FAQs
Q: What does this educational data reveal about Charlottesville?
A: It shows the percentage of adults with bachelor's degrees, indicating the city's educational and economic potential.
Q: How frequently is this data updated?
A: The 5-year estimate provides a comprehensive view of educational trends periodically.
Q: Why track bachelor's degree attainment?
A: It helps understand local workforce capabilities and potential for economic innovation.
Q: How is this information collected?
A: Through systematic U.S. Census Bureau surveys covering a five-year period.
Q: Can this data inform policy decisions?
A: Yes, it provides critical insights for educational and economic development strategies.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1751540), retrieved from FRED.