Bachelor's Degree or Higher (5-year estimate) in Monterey County, CA
HC01ESTVC1706053 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.90
Year-over-Year Change
20.26%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for residents with bachelor's degrees in Monterey County, California. Provides critical insights 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 demographic indicator tracks the percentage of adults aged 25 and older with a bachelor's degree or higher in the county.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by policymakers and economic planners to assess regional educational and workforce potential.
Key Facts
- Reflects long-term educational trends in the region
- Critical for understanding local economic potential
- Indicates workforce skill levels and human capital
FAQs
Q: What does this educational attainment data represent?
A: Percentage of Monterey County residents 25+ with a bachelor's degree or higher. Indicates educational achievement and workforce preparedness.
Q: How often is this data updated?
A: Updated through 5-year American Community Survey estimates. Provides comprehensive demographic insights.
Q: Why is educational attainment important?
A: Correlates with economic opportunities, income levels, and regional economic development potential.
Q: How does this compare to state or national averages?
A: Allows comparison of local educational achievements against broader regional and national benchmarks.
Q: What limitations exist in this data?
A: Represents a 5-year estimate, so may not capture most recent rapid changes in educational trends.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1706053), retrieved from FRED.