Bachelor's Degree or Higher (5-year estimate) in Palm Beach County, FL
This dataset tracks bachelor's degree or higher (5-year estimate) in palm beach county, fl over time.
Latest Value
39.60
Year-over-Year Change
22.98%
Date Range
1/1/2010 - 1/1/2023
Summary
This trend measures the percentage of the population aged 25 and older in Palm Beach County, Florida that has attained a bachelor's degree or higher. It provides insight into the educational attainment and human capital of the local workforce.
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 Palm Beach County, FL is a key indicator of the educational profile and skill level of the adult population in this Florida county. It is used by economists, policymakers, and urban planners to assess workforce quality and guide investments in education and talent development.
Methodology
This statistic is derived from the U.S. Census Bureau's American Community Survey.
Historical Context
Tracking changes in educational attainment is important for economic development strategies and talent attraction initiatives.
Key Facts
- Palm Beach County's bachelor's degree or higher rate was 37.3% as of the latest 5-year estimate.
- This was higher than the national average of 32.1% for the same period.
- Educational attainment has increased by 4.5 percentage points in Palm Beach County over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the adult population aged 25 and older in Palm Beach County, Florida that has attained at least a bachelor's degree.
Q: Why is this trend relevant for users or analysts?
A: Educational attainment is a key indicator of workforce quality and human capital that informs economic development strategies and talent attraction initiatives in the region.
Q: How is this data collected or calculated?
A: This statistic is derived from the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: Policymakers and urban planners use this data to assess the skills and knowledge of the local workforce and guide investments in education and talent development.
Q: Are there update delays or limitations?
A: The data is published with a 5-year lag, so the most recent estimate may not fully reflect the current educational profile of Palm Beach County.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Palm Beach County, FL (HC01ESTVC1712099), retrieved from FRED.