Bachelor's Degree or Higher (5-year estimate) in McLean County, KY
HC01ESTVC1721149 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.40
Year-over-Year Change
62.83%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for residents with bachelor's degrees in McLean 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 trend tracks the percentage of adults aged 25 and older who have completed a four-year college degree in McLean County.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by local policymakers and economic development agencies for workforce planning.
Key Facts
- Reflects educational infrastructure of rural Kentucky
- Indicates potential workforce skill levels
- Important for economic development strategies
FAQs
Q: What percentage of McLean County residents have a bachelor's degree?
A: Specific percentage varies by survey year. Check current FRED data for most recent estimate.
Q: Why is educational attainment important for economic development?
A: Higher education levels correlate with increased workforce productivity and economic opportunities.
Q: How often is this data updated?
A: 5-year estimates are typically updated annually by the U.S. Census Bureau.
Q: How does McLean County's education level compare to state averages?
A: Compare with Kentucky state data to understand relative educational achievement.
Q: What economic implications does this data have?
A: Indicates workforce skills, potential for innovation, and economic development capacity.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1721149), retrieved from FRED.