Bachelor's Degree or Higher (5-year estimate) in Modoc County, CA
HC01ESTVC1706049 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.00
Year-over-Year Change
41.98%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks the percentage of residents with bachelor's degrees in Modoc County, California. Offers insights into higher education attainment and potential economic 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 metric measures the proportion of residents aged 25 and older who have completed a bachelor's degree or higher. It reflects educational advancement and potential workforce sophistication.
Methodology
Calculated using 5-year American Community Survey data from the U.S. Census Bureau.
Historical Context
Utilized by economic planners to understand local human capital and educational infrastructure.
Key Facts
- Covers population 25 years and older
- Part of comprehensive census data collection
- Indicates advanced educational achievement
FAQs
Q: What does bachelor's degree data reveal about Modoc County?
A: It provides insights into educational attainment, potential workforce skills, and economic development capacity.
Q: How reliable is this educational data?
A: The 5-year estimate uses rigorous statistical sampling methods to ensure comprehensive representation.
Q: Why track bachelor's degree rates?
A: Higher education correlates with increased economic opportunities, innovation, and potential earnings.
Q: Can businesses use this information?
A: Yes, it helps assess local talent pools and potential workforce capabilities for strategic planning.
Q: How frequently is this data updated?
A: The 5-year estimate is periodically refreshed to reflect current educational trends.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1706049), retrieved from FRED.