Bachelor's Degree or Higher (5-year estimate) in Chesapeake city, VA
HC01ESTVC1751550 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.40
Year-over-Year Change
29.54%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks educational attainment for Chesapeake, Virginia residents with bachelor's degrees. Provides insights 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 measures the percentage of adults holding a bachelor's degree or higher in the city. It reflects educational opportunities and workforce potential.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by economic planners and educational policymakers to assess regional human capital.
Key Facts
- Indicates city-level educational achievement
- Helps predict economic development potential
- Reflects urban workforce skill composition
FAQs
Q: What percentage of Chesapeake residents have a bachelor's degree?
A: The data provides a 5-year estimate of bachelor's degree attainment. Exact percentage varies by survey period.
Q: Why is educational attainment important for a city?
A: Higher education levels correlate with increased economic opportunities and workforce productivity.
Q: How often is this data updated?
A: The 5-year estimate is typically updated annually by the U.S. Census Bureau.
Q: How does this data impact economic development?
A: Educational attainment helps predict workforce skills, business attraction, and urban economic potential.
Q: Can this data be compared with other cities?
A: Yes, the standardized format allows for comparative analysis across different urban regions.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1751550), retrieved from FRED.