Bachelor's Degree or Higher (5-year estimate) in Union County, NJ
HC01ESTVC1734039 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.60
Year-over-Year Change
22.15%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for Union County, New Jersey, tracking the percentage of residents with bachelor's degrees or higher. Provides insights into local human capital and educational landscape.
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 reflects the educational composition of Union County, New Jersey. It helps assess workforce skills and potential economic opportunities.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by economic planners and educational policymakers to understand regional educational trends.
Key Facts
- Indicates local workforce education levels
- Helps predict economic potential
- Part of comprehensive demographic analysis
FAQs
Q: What does this educational data reveal about Union County?
A: Reflects the percentage of residents with bachelor's degrees. Indicates potential workforce skills and economic development capacity.
Q: How frequently is this data updated?
A: Typically updated through 5-year American Community Survey estimates.
Q: Why track educational attainment?
A: Higher education levels correlate with increased economic opportunities and workforce productivity.
Q: How does Union County compare to state averages?
A: Requires comparative analysis with New Jersey's overall educational statistics.
Q: Can this data predict economic trends?
A: Educational attainment is a key indicator of potential economic growth and workforce development.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1734039), retrieved from FRED.