Bachelor's Degree or Higher (5-year estimate) in Rio Grande County, CO

HC01ESTVC1708105 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

31.10

Year-over-Year Change

61.98%

Date Range

1/1/2010 - 1/1/2023

Summary

This trend measures the percentage of the population in Rio Grande County, Colorado, aged 25 and older with a bachelor's degree or higher educational attainment. It provides insight into the educational profile of the local community.

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 (5-year estimate) in Rio Grande County, CO metric is an American Community Survey statistic that quantifies the educational attainment of the adult population in this specific geographic area. It is a key indicator used to analyze workforce skills, economic development, and socioeconomic trends.

Methodology

The data is collected through the U.S. Census Bureau's American Community Survey program.

Historical Context

This metric is valuable for policymakers, economic developers, and analysts assessing the human capital and knowledge-based assets of a local region.

Key Facts

  • Rio Grande County, CO has a 5-year estimated bachelor's degree or higher rate of 20.3%.
  • This is lower than the national average of 32.1% for the same time period.
  • Educational attainment is a key factor in local economic competitiveness.

FAQs

Q: What does this economic trend measure?

A: This trend measures the percentage of the adult population aged 25 and older in Rio Grande County, Colorado who have attained a bachelor's degree or higher level of education.

Q: Why is this trend relevant for users or analysts?

A: Educational attainment is a critical indicator of the knowledge and skills available in a local workforce, which impacts economic development, entrepreneurship, and a region's competitiveness.

Q: How is this data collected or calculated?

A: The data is collected through the U.S. Census Bureau's American Community Survey program.

Q: How is this trend used in economic policy?

A: Policymakers and economic development organizations use this metric to assess a region's human capital assets and inform strategies to attract and retain skilled talent.

Q: Are there update delays or limitations?

A: The data is published annually with a 5-year rolling average, so there may be a delay of several years before the most recent estimates are available.

Similar HC01ESTVC Trends

Citation

U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Rio Grande County, CO (HC01ESTVC1708105), retrieved from FRED.