Bachelor's Degree or Higher (5-year estimate) in Shelby County, KY
HC01ESTVC1721211 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.00
Year-over-Year Change
26.53%
Date Range
1/1/2010 - 1/1/2023
Summary
This economic trend measures the percentage of adults aged 25 and over in Shelby County, Kentucky who have earned a bachelor's degree or higher level of educational attainment. This statistic is important for economists and policymakers to understand the skill level and human capital in a specific geographic area.
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
The bachelor's degree or higher educational attainment percentage is a key indicator of the educational profile and workforce readiness within a local community. It is used to assess a region's economic potential, talent pool, and suitability for certain industries or investments.
Methodology
This data is collected through the U.S. Census Bureau's American Community Survey (ACS) and represents a 5-year estimate.
Historical Context
Policymakers and business leaders often reference this metric when evaluating a region's economic development and desirability for new ventures.
Key Facts
- Shelby County, KY has a bachelor's degree attainment rate of 28.9%.
- This is lower than the national average of 32.1%.
- Educational attainment is a key factor in regional economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of adults aged 25 and over in Shelby County, Kentucky who have earned a bachelor's degree or higher level of educational attainment.
Q: Why is this trend relevant for users or analysts?
A: The bachelor's degree attainment rate is an important indicator of a region's human capital and workforce readiness, which is crucial for economic development and business investment decisions.
Q: How is this data collected or calculated?
A: This data is collected through the U.S. Census Bureau's American Community Survey (ACS) and represents a 5-year estimate.
Q: How is this trend used in economic policy?
A: Policymakers and business leaders often reference this metric when evaluating a region's economic development potential and suitability for new ventures.
Q: Are there update delays or limitations?
A: As a 5-year estimate from the ACS, this data may have a delay of several years before the most recent information is available.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Shelby County, KY (HC01ESTVC1721211), retrieved from FRED.