Bachelor's Degree or Higher (5-year estimate) in Hopewell city, VA
HC01ESTVC1751670 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.50
Year-over-Year Change
17.92%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for residents with bachelor's degrees in Hopewell, Virginia. 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 educational demographic trend tracks the percentage of adults holding bachelor's degrees in a specific geographic area. It reflects community educational achievement and potential economic opportunities.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by urban planners, economic developers, and educational policy makers to assess community potential.
Key Facts
- Indicates workforce skill levels
- Correlates with economic productivity
- Helps target educational investments
FAQs
Q: What percentage of Hopewell residents have bachelor's degrees?
A: Specific percentage varies by survey year. Check most recent Census data for current figures.
Q: How does this educational data impact local economic development?
A: Higher education levels typically attract more skilled employers and increase community economic potential.
Q: How often is this data updated?
A: 5-year estimates are updated periodically by the U.S. Census Bureau.
Q: Can this data predict economic trends?
A: Educational attainment is a strong indicator of potential economic growth and workforce capabilities.
Q: How is this data collected?
A: Through comprehensive surveys and statistical sampling by the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1751670), retrieved from FRED.