Bachelor's Degree or Higher (5-year estimate) in Rensselaer County, NY
HC01ESTVC1736083 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.30
Year-over-Year Change
36.13%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks higher education attainment in Rensselaer County, New York. Offers valuable insights into local workforce education and potential economic innovation.
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 measures the percentage of residents aged 25 and older with a bachelor's degree or higher. It reflects advanced educational achievement in the community.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by economic planners to assess workforce skills and potential for knowledge-based industries.
Key Facts
- Indicates advanced educational landscape
- Reflects potential for knowledge economy
- Critical for understanding workforce capabilities
FAQs
Q: What does bachelor's degree attainment indicate?
A: Measures percentage of residents 25+ with college degrees. Reflects community's educational and economic potential.
Q: How frequently is this data updated?
A: Collected through 5-year rolling estimates in the American Community Survey.
Q: Why track bachelor's degree rates?
A: Provides insights into workforce skills, innovation potential, and economic development capacity.
Q: How can this data be used?
A: Helps policymakers and businesses understand local human capital and potential economic strengths.
Q: What limitations exist in this data?
A: Represents a 5-year estimate, so may not capture most recent educational changes precisely.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1736083), retrieved from FRED.