Bachelor's Degree or Higher (5-year estimate) in Seneca County, OH

HC01ESTVC1739147 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

20.70

Year-over-Year Change

29.37%

Date Range

1/1/2010 - 1/1/2023

Summary

This trend measures the percentage of the population in Seneca County, Ohio with a bachelor's degree or higher, based on a 5-year estimate.

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 an important indicator of educational attainment and human capital in a local area. It helps economists and policymakers understand the skills and knowledge available in the workforce.

Methodology

This data is collected through the U.S. Census Bureau's American Community Survey.

Historical Context

The bachelor's degree attainment rate is used to evaluate economic development and quality of life in Seneca County.

Key Facts

  • Seneca County's bachelor's degree attainment rate is below the national average.
  • Educational attainment varies significantly by demographic group in the county.
  • Local leaders are focused on improving college completion to attract skilled workers.

FAQs

Q: What does this economic trend measure?

A: This trend measures the percentage of the population in Seneca County, Ohio who have completed 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 an important indicator of the skills and knowledge available in the local workforce, which is crucial for economic development and quality of life.

Q: How is this data collected or calculated?

A: This data is collected through the U.S. Census Bureau's American Community Survey.

Q: How is this trend used in economic policy?

A: Local policymakers and economic development agencies use this data to evaluate the human capital available in Seneca County and develop strategies to attract and retain skilled workers.

Q: Are there update delays or limitations?

A: The American Community Survey data is released on a 5-year cycle, so there may be a delay in the most recent estimates being available.

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Citation

U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Seneca County, OH (HC01ESTVC1739147), retrieved from FRED.