Bachelor's Degree or Higher (5-year estimate) in Portsmouth city, VA
HC01ESTVC1751740 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.20
Year-over-Year Change
21.47%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks educational achievement for Portsmouth, Virginia residents with bachelor's degrees. Provides crucial insights into urban workforce education levels.
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 aged 25 and older with a bachelor's degree or higher in Portsmouth city.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by urban planners and economic development professionals for strategic workforce planning.
Key Facts
- Reflects educational composition of Portsmouth urban area
- Indicates potential workforce skill diversity
- Helps assess economic development strategies
FAQs
Q: What percentage of Portsmouth residents have a bachelor's degree?
A: The specific percentage varies by survey year. Check current FRED data for most recent estimate.
Q: Why track educational attainment in cities?
A: Educational levels directly impact economic growth, innovation, and workforce capabilities.
Q: How often is this data updated?
A: 5-year estimates are typically updated annually by the U.S. Census Bureau.
Q: How does Portsmouth's education level compare to Virginia average?
A: Compare the specific series data with Virginia state's overall educational attainment statistics.
Q: What economic implications does this data have?
A: Educational attainment influences local job market, business attraction, and economic potential.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1751740), retrieved from FRED.