Bachelor's Degree or Higher (5-year estimate) in McDuffie County, GA
HC01ESTVC1713189 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.80
Year-over-Year Change
39.06%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks higher education attainment in McDuffie County, Georgia, measuring residents with bachelor's degrees. Provides insights into local human capital and workforce sophistication.
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 captures the percentage of residents aged 25 and older with a bachelor's degree or higher. It reflects advanced educational achievement and potential economic competitiveness.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by economic developers to assess workforce skills and potential for knowledge-based industries.
Key Facts
- Indicates advanced educational capacity
- Reflects potential for knowledge economy
- Helps assess workforce skill levels
FAQs
Q: What does bachelor's degree attainment indicate?
A: Measures the percentage of residents 25+ with a four-year college degree. Reflects advanced educational achievement.
Q: Why are bachelor's degree rates important?
A: Indicates workforce sophistication, potential for innovation, and economic competitiveness.
Q: How often is this data updated?
A: Typically updated through 5-year American Community Survey estimates.
Q: How can this data be used?
A: Helps attract businesses, plan educational initiatives, and understand local human capital potential.
Q: What are the limitations of this data?
A: Represents a 5-year estimate, so may not capture most recent changes in educational trends.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1713189), retrieved from FRED.