Bachelor's Degree or Higher (5-year estimate) in New London County, CT
HC01ESTVC1709011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34.60
Year-over-Year Change
13.07%
Date Range
1/1/2010 - 1/1/2021
Summary
Tracks higher education attainment in New London County, Connecticut. Provides insights into regional educational achievement and workforce preparedness.
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 measures the percentage of residents aged 25 and older with a bachelor's degree or higher. It reflects advanced educational accomplishment in the region.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by economic developers to assess regional human capital and talent pool.
Key Facts
- Covers population 25 years and older
- Indicates advanced educational achievement
- Critical for understanding regional workforce
FAQs
Q: What does this educational data represent?
A: Percentage of New London County residents 25+ with a bachelor's degree or higher.
Q: Why are bachelor's degree rates important?
A: Indicates workforce skill levels, innovation potential, and economic competitiveness.
Q: How often is this data updated?
A: Updated through 5-year American Community Survey estimates.
Q: How can this data be used?
A: Helps businesses, educators, and policymakers understand regional educational landscape.
Q: What are potential limitations of this data?
A: Represents a 5-year estimate, so may not capture most recent educational trends.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1709011), retrieved from FRED.