Bachelor's Degree or Higher (5-year estimate) in Franklin County, KY
HC01ESTVC1721073 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.80
Year-over-Year Change
15.64%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for residents with bachelor's degrees in Franklin County, Kentucky. Provides critical insight into local human capital and workforce 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 educational demographic statistic tracks the percentage of adults holding a four-year college degree. It reflects community educational advancement and potential economic opportunities.
Methodology
Calculated using 5-year American Community Survey estimates from the U.S. Census Bureau.
Historical Context
Used by economic planners and educational policymakers to assess regional workforce potential.
Key Facts
- Indicates local educational achievement levels
- Helps predict economic development potential
- Reflects community investment in higher education
FAQs
Q: What does this statistic tell us about Franklin County?
A: It reveals the percentage of adults with bachelor's degrees, indicating educational and economic potential.
Q: How often is this data updated?
A: Typically updated annually through the American Community Survey 5-year estimates.
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 development planning, educational policy, and workforce strategy.
Q: Are there limitations to this data?
A: Represents a 5-year estimate and may not capture most recent educational changes.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1721073), retrieved from FRED.