Bachelor's Degree or Higher (5-year estimate) in Iredell County, NC

HC01ESTVC1737097 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

33.30

Year-over-Year Change

47.35%

Date Range

1/1/2010 - 1/1/2023

Summary

This trend measures the percentage of the population in Iredell County, North Carolina with a bachelor's degree or higher. It provides important insights into the educational attainment and human capital within the local economy.

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

The bachelor's degree or higher percentage is a key indicator of the skill level and knowledge base of the workforce in a given geographic area. It is used by economists, policymakers, and businesses to assess the talent pool and inform decisions around economic development, talent attraction, and educational investment.

Methodology

This data is collected through the U.S. Census Bureau's American Community Survey (ACS) and represents a 5-year estimate.

Historical Context

Trends in educational attainment are closely monitored by local governments and regional economic development agencies to guide policies and attract employers.

Key Facts

  • Iredell County's bachelor's degree or higher rate was 31.5% in the latest 5-year estimate.
  • This is higher than the national average of 32.1%.
  • The trend has steadily increased over the past decade.

FAQs

Q: What does this economic trend measure?

A: This trend measures the percentage of the population in Iredell County, North Carolina that has attained a bachelor's degree or higher level of education.

Q: Why is this trend relevant for users or analysts?

A: The bachelor's degree attainment rate is a key indicator of the skill level and human capital within a local economy, which is crucial information for economic development, talent attraction, and educational policy decisions.

Q: How is this data collected or calculated?

A: This data is collected through the U.S. Census Bureau's American Community Survey (ACS) and represents a 5-year estimate.

Q: How is this trend used in economic policy?

A: Trends in educational attainment are closely monitored by local governments and regional economic development agencies to guide policies and attract employers to the area.

Q: Are there update delays or limitations?

A: The 5-year ACS estimates are updated annually, but there is a delay of several months before the latest data becomes available.

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Citation

U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Iredell County, NC (HC01ESTVC1737097), retrieved from FRED.