Bachelor's Degree or Higher (5-year estimate) in Fayette County, KY
HC01ESTVC1721067 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
47.30
Year-over-Year Change
20.36%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures the percentage of adults with bachelor's degrees in Fayette County, Kentucky. Provides critical insight into educational attainment and workforce 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 educational demographic statistic tracks the proportion of residents with advanced academic credentials. It reflects local human capital and economic development potential.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by economic planners, educators, and workforce development agencies for strategic planning.
Key Facts
- Indicates local workforce education levels
- Helps predict economic growth potential
- Reflects community educational investment
FAQs
Q: What percentage of Fayette County residents have bachelor's degrees?
A: The series tracks the exact percentage of adults with bachelor's degrees. Specific percentage varies by year.
Q: Why are bachelor's degree rates important?
A: Higher education levels correlate with increased economic productivity and higher individual earning potential.
Q: How often is this data updated?
A: The 5-year estimate is updated periodically by the U.S. Census Bureau.
Q: How does this data impact economic development?
A: Educational attainment helps predict workforce skills, innovation potential, and economic competitiveness.
Q: Can this data help with local policy planning?
A: Yes, it provides insights for education, workforce, and economic development strategies.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1721067), retrieved from FRED.