Bachelor's Degree or Higher (5-year estimate) in Westchester County, NY
HC01ESTVC1736119 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52.50
Year-over-Year Change
17.98%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for Westchester County residents with bachelor's degrees or higher. Provides critical insight into regional 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 with advanced educational credentials in Westchester County, New York.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by policymakers and economic developers to assess workforce quality and educational infrastructure.
Key Facts
- Reflects educational achievement in New York metropolitan region
- Indicates potential workforce skill levels
- Valuable for economic and workforce planning
FAQs
Q: What percentage of Westchester County residents have a bachelor's degree?
A: Specific percentage varies by survey year. Check current FRED data for most recent estimate.
Q: Why is educational attainment important for economic development?
A: Higher education levels correlate with increased innovation, productivity, and economic competitiveness.
Q: How often is this data updated?
A: 5-year estimates are updated periodically by the U.S. Census Bureau.
Q: How does Westchester County's education level compare to national averages?
A: Typically higher than national average due to proximity to New York City's professional markets.
Q: Can this data predict economic trends?
A: Educational attainment is a strong indicator of potential economic performance and workforce capabilities.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1736119), retrieved from FRED.