Bachelor's Degree or Higher (5-year estimate) in Oneida County, NY

HC01ESTVC1736065 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

27.80

Year-over-Year Change

26.94%

Date Range

1/1/2010 - 1/1/2023

Summary

Measures educational attainment for residents with bachelor's degrees in Oneida 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 demographic indicator tracks the percentage of adults holding a four-year college degree. It reflects educational opportunities and economic potential in the region.

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 skills and educational infrastructure.

Key Facts

  • Indicates local workforce educational level
  • Helps predict economic growth potential
  • Reflects community investment in higher education

FAQs

Q: What percentage of Oneida County residents have a bachelor's degree?

A: The specific percentage varies by year. Check the most recent FRED data for current figures.

Q: Why is bachelor's degree attainment important?

A: Higher education correlates with increased earning potential and economic opportunities for communities.

Q: How often is this data updated?

A: The 5-year estimate is typically updated annually by the U.S. Census Bureau.

Q: How does Oneida County's education level compare to state averages?

A: Compare the specific FRED data point with New York State's overall educational attainment statistics.

Q: What economic implications does this data have?

A: Higher education levels can attract businesses and indicate workforce readiness.

Similar HC01ESTVC Trends

Citation

U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1736065), retrieved from FRED.