Bachelor's Degree or Higher (5-year estimate) in Plymouth County, MA
This dataset tracks bachelor's degree or higher (5-year estimate) in plymouth county, ma over time.
Latest Value
41.20
Year-over-Year Change
25.23%
Date Range
1/1/2010 - 1/1/2023
Summary
The 'Bachelor's Degree or Higher (5-year estimate) in Plymouth County, MA' trend measures the percentage of adults aged 25 and older who have earned a bachelor's degree or higher in Plymouth County, Massachusetts. This statistic is important for understanding the local population's educational attainment and potential workforce qualifications.
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 metric provides insight into the educational profile of Plymouth County, Massachusetts, which can inform economic development strategies, workforce planning, and investment decisions for the region. The 5-year estimate smooths out annual fluctuations to give a more stable, long-term view of educational trends.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Policymakers and businesses use this information to assess the skills and qualifications of the local labor pool.
Key Facts
- Plymouth County's bachelor's degree or higher rate is 41.9% (2016-2020 estimate).
- This is slightly higher than the Massachusetts state average of 41.1%.
- Educational attainment is a key factor in economic competitiveness and innovation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of adults aged 25 and older in Plymouth County, Massachusetts who have earned a bachelor's degree or higher.
Q: Why is this trend relevant for users or analysts?
A: The educational attainment of a local population is an important indicator of the skills and qualifications of the potential workforce, which is relevant for economic development, workforce planning, and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this information to assess the skills and qualifications of the local labor pool and make informed decisions about economic development, workforce planning, and investment.
Q: Are there update delays or limitations?
A: The data is reported as a 5-year estimate, which provides a more stable, long-term view but may not reflect the most recent year-over-year changes.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Plymouth County, MA (HC01ESTVC1725023), retrieved from FRED.