Bachelor's Degree or Higher (5-year estimate) in Allendale County, SC

HC01ESTVC1745005 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

13.30

Year-over-Year Change

-0.75%

Date Range

1/1/2010 - 1/1/2023

Summary

Tracks the percentage of residents with bachelor's degrees in Allendale County, South Carolina. Offers insights into higher education achievement and potential economic 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 demographic indicator measures the proportion of adults aged 25 and older who have completed a bachelor's degree or higher. It reflects educational attainment and potential economic opportunities.

Methodology

Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.

Historical Context

Used by local policymakers and economic development agencies to assess human capital.

Key Facts

  • Indicates advanced educational achievement
  • Reflects potential workforce sophistication
  • Critical for economic development planning

FAQs

Q: What does this bachelor's degree data represent?

A: It shows the percentage of Allendale County residents with a bachelor's degree or higher, indicating educational attainment.

Q: How is this educational data collected?

A: Through the U.S. Census Bureau's American Community Survey, using comprehensive 5-year demographic estimates.

Q: Why are bachelor's degree rates important?

A: They correlate with higher earning potential, advanced workforce skills, and economic development opportunities.

Q: How frequently is this data updated?

A: The 5-year estimate provides a comprehensive view of educational attainment, updated periodically.

Q: Can this data inform economic strategies?

A: Yes, it helps policymakers understand human capital and potential economic development in Allendale County.

Similar HC01ESTVC Trends

Citation

U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1745005), retrieved from FRED.