Bachelor's Degree or Higher (5-year estimate) in Allegany County, NY
HC01ESTVC1736003 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.60
Year-over-Year Change
41.38%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for Allegany County, New York, tracking the percentage of residents with bachelor's degrees or higher. Provides insight into local human capital and educational 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 demographic indicator reflects the educational landscape of Allegany County, offering a snapshot of workforce education levels and potential economic opportunities.
Methodology
Calculated using 5-year American Community Survey estimates from the U.S. Census Bureau.
Historical Context
Used by policymakers and economic developers to assess workforce potential and educational investment.
Key Facts
- Reflects 5-year educational trend in Allegany County
- Indicates workforce education potential
- Important for economic planning
FAQs
Q: What does this educational data represent?
A: Percentage of Allegany County residents with bachelor's degrees or higher. Provides insight into local educational achievement.
Q: How is this data collected?
A: Gathered through the U.S. Census Bureau's American Community Survey using 5-year estimates.
Q: Why is educational attainment important?
A: Indicates workforce skills, economic potential, and community development opportunities.
Q: How often is this data updated?
A: Typically updated every 5 years through the American Community Survey.
Q: Can this data help economic planning?
A: Yes, it helps assess workforce capabilities and educational investment strategies.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1736003), retrieved from FRED.