Bachelor's Degree or Higher (5-year estimate) in Lawrence County, IL
HC01ESTVC1717101 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.60
Year-over-Year Change
39.05%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for Lawrence County, Illinois, tracking the percentage of residents with bachelor's degrees. Provides critical insight into local human capital and economic potential.
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 reflects the educational landscape of Lawrence County. It helps economists understand workforce development and potential economic opportunities.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by policymakers and economic developers to assess regional educational infrastructure.
Key Facts
- Indicates workforce education levels
- Reflects local economic potential
- Part of comprehensive demographic analysis
FAQs
Q: What does this educational data mean for Lawrence County?
A: It reveals the percentage of residents with bachelor's degrees, indicating human capital and potential economic development.
Q: How often is this data updated?
A: The 5-year estimate is updated periodically by the U.S. Census Bureau.
Q: Why is educational attainment important?
A: Higher education levels correlate with increased economic opportunities and workforce productivity.
Q: How can this data be used?
A: Useful for economic planning, educational policy, and understanding local workforce capabilities.
Q: Are there limitations to this data?
A: Represents a 5-year estimate, so may not reflect most recent changes in educational trends.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1717101), retrieved from FRED.