Bachelor's Degree or Higher (5-year estimate) in Roscommon County, MI
HC01ESTVC1726143 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.30
Year-over-Year Change
47.10%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks educational attainment for Roscommon County, Michigan, measuring the percentage of residents with bachelor's degrees. Provides critical insights into local human capital.
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 demographic indicator shows the proportion of adults aged 25 and older with a bachelor's degree or higher in the county.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by local planners and economic development agencies to assess workforce education.
Key Facts
- Reflects educational landscape of rural Michigan
- Indicates potential workforce capabilities
- Important for economic strategy
FAQs
Q: What percentage of Roscommon County residents have a bachelor's degree?
A: The specific percentage varies by year. Consult the most recent FRED data for current information.
Q: How does education impact rural county economies?
A: Higher education levels can attract businesses and improve economic diversification.
Q: How often is this educational data updated?
A: The 5-year estimate is typically refreshed annually by the U.S. Census Bureau.
Q: Why track educational attainment in rural counties?
A: It helps understand workforce potential and guides economic development strategies.
Q: What limitations exist in this educational data?
A: The 5-year estimate provides a broad view but may not capture recent rapid changes.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1726143), retrieved from FRED.