High School Graduate or Higher (5-year estimate) in Okaloosa County, FL
HC01ESTVC1612091 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
93.40
Year-over-Year Change
2.98%
Date Range
1/1/2010 - 1/1/2023
Summary
This trend measures the percentage of the population in Okaloosa County, Florida that has attained at least a high school diploma or equivalent, based on 5-year estimates. This metric is important for understanding educational attainment and workforce development in the region.
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 High School Graduate or Higher (5-year estimate) trend provides insight into the educational profile of Okaloosa County, Florida. It represents the share of the population aged 25 and over who have earned at least a high school diploma or its equivalent, such as a GED. This statistic is a key indicator of human capital and can inform workforce and economic policies.
Methodology
This data is collected through the U.S. Census Bureau's American Community Survey (ACS) and calculated as a 5-year rolling average.
Historical Context
Policymakers and analysts use this metric to gauge the quality of the local labor force and identify educational attainment gaps that may impact economic development.
Key Facts
- Okaloosa County's high school graduation rate was 91.1% in the most recent 5-year estimate.
- The county's high school graduation rate exceeds the national average of 87.7%.
- Educational attainment is a key factor in the county's economic competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the population in Okaloosa County, Florida that has attained at least a high school diploma or equivalent, based on 5-year estimates from the U.S. Census Bureau.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the educational profile of the local workforce, which is a key factor in economic development and competitiveness. It helps policymakers and analysts understand the quality of the labor force and identify educational attainment gaps.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey and calculated as a 5-year rolling average.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge the quality of the local labor force and inform workforce development and educational policies aimed at improving economic competitiveness.
Q: Are there update delays or limitations?
A: As a 5-year estimate, this data is updated annually with a lag. The most recent estimate may not fully reflect the latest changes in the region's educational attainment.
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Citation
U.S. Census Bureau, High School Graduate or Higher (5-year estimate) in Okaloosa County, FL (HC01ESTVC1612091), retrieved from FRED.