Bachelor's Degree or Higher (5-year estimate) in Suffolk County, NY
HC01ESTVC1736103 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.90
Year-over-Year Change
23.15%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks higher education attainment in Suffolk County, New York, measuring residents with bachelor's degrees. Provides insights into regional educational 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 captures the percentage of residents aged 25 and older with a bachelor's degree or higher. It reflects advanced educational achievement.
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 regional competitiveness.
Key Facts
- Indicates advanced human capital levels
- Reflects regional educational investment
- Correlates with economic innovation potential
FAQs
Q: What does this educational data represent?
A: Percentage of Suffolk County residents 25+ with a bachelor's degree or higher. Measures advanced educational attainment.
Q: Why are bachelor's degree rates important?
A: Higher education levels indicate workforce skills, innovation potential, and economic competitiveness.
Q: How often is this data updated?
A: Updated through 5-year American Community Survey estimates by U.S. Census Bureau.
Q: How can this data be used?
A: Economic developers use it to assess workforce capabilities and attract knowledge-based industries.
Q: What are limitations of this data?
A: Represents a 5-year estimate, so may not capture most recent educational trends precisely.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1736103), retrieved from FRED.