Bachelor's Degree or Higher (5-year estimate) in Erie County, NY
HC01ESTVC1736029 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.90
Year-over-Year Change
23.83%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks educational attainment for Erie County, New York, measuring the percentage of residents with bachelor's degrees. Provides critical insights into local human capital and economic potential.
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 reveals the educational landscape of Erie County. It helps evaluate workforce skills and economic development 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 understand local workforce capabilities.
Key Facts
- Indicates human capital potential
- Reflects local educational infrastructure
- Valuable for workforce planning
FAQs
Q: What does this educational attainment data represent?
A: Percentage of Erie County residents with bachelor's degrees or higher. Measures local educational achievement.
Q: Why is educational attainment important?
A: Correlates with economic opportunities, innovation potential, and workforce quality in the region.
Q: How often is this data updated?
A: Typically updated through 5-year American Community Survey estimates.
Q: How can this data be used?
A: Helps economic planners, educators, and businesses understand local workforce capabilities.
Q: What are the limitations of this data?
A: Represents a 5-year estimate, so may not capture most recent educational changes.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1736029), retrieved from FRED.