Bachelor's Degree or Higher (5-year estimate) in Halifax County, NC
HC01ESTVC1737083 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.50
Year-over-Year Change
34.78%
Date Range
1/1/2010 - 1/1/2023
Summary
The 'Bachelor's Degree or Higher (5-year estimate) in Halifax County, NC' metric tracks the percentage of adults aged 25 and over in Halifax County who have attained a bachelor's degree or higher level of educational attainment.
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 data series provides insights into the educational profile of the adult population in Halifax County, North Carolina. It is a key indicator of the area's human capital and can inform workforce development, educational, and economic policies.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey (ACS).
Historical Context
Policymakers and analysts use this metric to assess the skills and educational attainment of the local population.
Key Facts
- The 5-year estimate for Halifax County is 16.3%.
- This is lower than the national average of 32.1%.
- Educational attainment is a key driver of economic opportunity and mobility.
FAQs
Q: What does this economic trend measure?
A: This metric measures the percentage of adults aged 25 and over in Halifax County, North Carolina who have attained a bachelor's degree or higher level of educational attainment.
Q: Why is this trend relevant for users or analysts?
A: Educational attainment is a crucial indicator of human capital and can inform workforce development, education policy, and economic growth strategies for the local area.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey (ACS).
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the skills and educational profile of the local population, which can inform workforce development, education, and economic policies.
Q: Are there update delays or limitations?
A: The ACS data is released annually, with a 5-year estimate provided for smaller geographic areas like Halifax County.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Halifax County, NC (HC01ESTVC1737083), retrieved from FRED.