Bachelor's Degree or Higher (5-year estimate) in Philadelphia County/city, PA
HC01ESTVC1742101 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34.60
Year-over-Year Change
53.10%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for Philadelphia County residents with bachelor's degrees. Provides critical insight into urban 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 trend tracks the percentage of Philadelphia residents aged 25 and older with a bachelor's degree or higher educational qualification.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by urban planners, economic development agencies, and educational policy makers.
Key Facts
- Reflects Philadelphia's educational landscape
- Indicates potential workforce skill levels
- Critical for economic development strategies
FAQs
Q: What percentage of Philadelphia residents have a bachelor's degree?
A: Specific percentage varies by survey year. Check current FRED data for most recent estimate.
Q: How does Philadelphia's educational attainment compare to national averages?
A: Compare the series data with national educational statistics for comprehensive insights.
Q: Why is bachelor's degree data important?
A: Indicates workforce skills, economic potential, and urban development capabilities.
Q: How often is this data updated?
A: 5-year estimates are typically updated annually by the U.S. Census Bureau.
Q: Can this data predict economic trends?
A: Educational attainment correlates with economic productivity and innovation potential.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1742101), retrieved from FRED.