Bachelor's Degree or Higher (5-year estimate) in LaPorte County, IN
HC01ESTVC1718091 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.70
Year-over-Year Change
27.65%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks the percentage of residents with bachelor's degrees in LaPorte County, Indiana. Provides insights into higher education achievement and potential economic development.
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 trend measures the proportion of residents aged 25 and older who have completed a bachelor's degree or higher. It reflects advanced educational attainment in the county.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by economic planners to assess workforce skills and educational infrastructure.
Key Facts
- Indicates advanced educational levels
- Reflects potential workforce sophistication
- Important for economic competitiveness
FAQs
Q: What does bachelor's degree attainment indicate?
A: Measures advanced educational achievement and potential for higher-skilled employment in the community.
Q: How frequently is this data updated?
A: Collected through 5-year rolling estimates in the American Community Survey.
Q: Why track bachelor's degree rates?
A: Helps understand workforce capabilities and potential for attracting knowledge-based industries.
Q: How does this impact local economic development?
A: Higher education levels can attract more sophisticated businesses and increase economic opportunities.
Q: What are the limitations of this data?
A: Represents a snapshot and may not capture most recent educational trends or rapid changes.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1718091), retrieved from FRED.