Bachelor's Degree or Higher (5-year estimate) in Ohio County, WV
HC01ESTVC1754069 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.50
Year-over-Year Change
21.27%
Date Range
1/1/2010 - 1/1/2023
Summary
This economic trend measures the percentage of adults aged 25 and older in Ohio County, West Virginia who have attained a bachelor's degree or higher. It provides insights into the educational attainment and human capital within the local population.
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 metric is a key indicator of the educational profile and skill level of a region's workforce. It is widely used by economists, policymakers, and businesses to assess an area's economic potential, talent pool, and suitability for knowledge-based industries.
Methodology
This data is collected through the U.S. Census Bureau's American Community Survey (ACS) and represents a 5-year estimate.
Historical Context
This trend is valuable for informing economic development strategies, workforce planning, and educational investment decisions.
Key Facts
- The 5-year estimate for bachelor's degree or higher in Ohio County, WV is 24.9%.
- Ohio County's educational attainment rate is lower than the national average of 32.1%.
- Improving educational outcomes is a key priority for economic development in the region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of adults aged 25 and older in Ohio County, West Virginia who have attained a bachelor's degree or higher level of education.
Q: Why is this trend relevant for users or analysts?
A: The bachelor's degree or higher metric is a key indicator of the educational profile and skill level of a region's workforce, which is crucial for assessing economic potential, talent pool, and suitability for knowledge-based industries.
Q: How is this data collected or calculated?
A: This data is collected through the U.S. Census Bureau's American Community Survey (ACS) and represents a 5-year estimate.
Q: How is this trend used in economic policy?
A: This trend is valuable for informing economic development strategies, workforce planning, and educational investment decisions by policymakers and local institutions.
Q: Are there update delays or limitations?
A: The data represents a 5-year estimate, which means there may be a delay in reflecting the most recent changes in the local population's educational attainment.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Ohio County, WV (HC01ESTVC1754069), retrieved from FRED.