Bachelor's Degree or Higher (5-year estimate) in Linn County, OR
HC01ESTVC1741043 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.80
Year-over-Year Change
24.55%
Date Range
1/1/2010 - 1/1/2023
Summary
This trend measures the percentage of the population in Linn County, Oregon who have a bachelor's degree or higher, based on a 5-year estimate. It is an important indicator of educational attainment and human capital in the region.
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 metric represents the share of the adult population (ages 25 and over) in Linn County who have completed a 4-year college degree or more advanced educational credential. This data is used by policymakers, researchers, and businesses to assess the skill level and workforce capabilities in the local area.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey, which conducts continuous sampling of households.
Historical Context
Trends in educational attainment are relevant for guiding workforce development, economic policies, and investments by companies and institutions.
Key Facts
- Linn County's bachelor's degree or higher rate was 24.5% in the 2016-2020 period.
- This was lower than the national average of 32.9% for the same time frame.
- Educational attainment is a key driver of economic competitiveness and opportunity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the adult population in Linn County, Oregon who have earned a bachelor's degree or higher level of educational credential.
Q: Why is this trend relevant for users or analysts?
A: Educational attainment is a crucial indicator of human capital and workforce capabilities, which are essential for a region's economic competitiveness and growth.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey, which continuously samples households.
Q: How is this trend used in economic policy?
A: Policymakers, researchers, and businesses use this data to assess the skill level and workforce development needs in the Linn County region, informing decisions on education, training, and economic policies.
Q: Are there update delays or limitations?
A: The data is reported as a 5-year estimate, with the most recent period covering 2016-2020. There may be a 1-2 year lag in the availability of the latest estimates.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Linn County, OR (HC01ESTVC1741043), retrieved from FRED.