Bachelor's Degree or Higher (5-year estimate) in Washington County, MD
HC01ESTVC1724043 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.50
Year-over-Year Change
23.68%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for residents with bachelor's degrees in Washington County, Maryland. 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 25 and older with a bachelor's degree or higher. It reflects educational achievement and potential economic productivity.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by policymakers and economic developers to assess workforce skills and educational infrastructure.
Key Facts
- Indicates local educational achievement levels
- Helps predict economic potential
- Valuable for workforce planning
FAQs
Q: What does this educational attainment data mean?
A: Measures the percentage of adults with a bachelor's degree in Washington County. Reflects local educational achievement and potential economic capacity.
Q: How is this data collected?
A: Gathered through the U.S. Census Bureau's American Community Survey using comprehensive 5-year estimates.
Q: Why is educational attainment important?
A: Higher education levels correlate with increased economic productivity, innovation, and earning potential.
Q: How can this data be used?
A: Helps economic planners, educators, and policymakers understand local workforce capabilities and educational needs.
Q: How often is this data updated?
A: Updated approximately every five years through the American Community Survey estimates.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1724043), retrieved from FRED.