Bachelor's Degree or Higher (5-year estimate) in Otsego County, NY
HC01ESTVC1736077 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.90
Year-over-Year Change
29.39%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for residents with bachelor's degrees in Otsego 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 potential economic productivity.
Methodology
Calculated using 5-year American Community Survey estimates from the U.S. Census Bureau.
Historical Context
Used by policymakers and economic planners to assess regional educational and workforce potential.
Key Facts
- Indicates local workforce education levels
- Helps predict economic development potential
- Part of comprehensive demographic analysis
FAQs
Q: What does this educational attainment data represent?
A: Percentage of Otsego County residents with a bachelor's degree or higher. Reflects 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: Correlates with economic opportunities, income levels, and regional development potential.
Q: How often is this data updated?
A: Typically updated annually through 5-year rolling estimates from the Census Bureau.
Q: Can this data predict economic trends?
A: Provides insights into workforce skills and potential economic development in the region.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1736077), retrieved from FRED.