Bachelor's Degree or Higher (5-year estimate) in Madison County, NY
HC01ESTVC1736053 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.00
Year-over-Year Change
15.23%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks educational attainment for residents with bachelor's degrees in Madison County, New York. Provides critical insight into local human capital and workforce 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 educational achievement metric reflects the percentage of adults with advanced academic credentials. It helps assess regional economic potential and workforce quality.
Methodology
Calculated through 5-year American Community Survey estimates by the U.S. Census Bureau.
Historical Context
Used by policymakers and economic developers to understand local workforce capabilities.
Key Facts
- Indicates local population's educational sophistication
- Correlates with potential economic productivity
- Reflects regional human capital investment
FAQs
Q: What percentage of Madison County residents have a bachelor's degree?
A: The specific percentage varies by survey year. Check the most recent FRED data for current figures.
Q: How does educational attainment impact local economic development?
A: Higher education levels typically correlate with increased innovation, earnings, and economic resilience.
Q: How often is this data updated?
A: The 5-year estimate is typically refreshed annually by the U.S. Census Bureau.
Q: Why is bachelor's degree data important for economic analysis?
A: It helps assess workforce skills, potential productivity, and regional economic competitiveness.
Q: Can this data predict economic trends?
A: Educational attainment is a leading indicator of potential economic development and workforce capabilities.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1736053), retrieved from FRED.