Bachelor's Degree or Higher (5-year estimate) in Richland County, SC
HC01ESTVC1745079 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41.10
Year-over-Year Change
13.85%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for residents with bachelor's degrees in Richland County, South Carolina. Provides critical insight into local 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 educational demographic trend tracks the percentage of residents holding bachelor's degrees. It reflects the area's educational infrastructure and potential economic productivity.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by policymakers and economic developers to assess workforce skills and educational investment.
Key Facts
- Indicates local educational achievement levels
- Correlates with potential economic opportunities
- Helps target educational and workforce initiatives
FAQs
Q: What percentage of Richland County residents have bachelor's degrees?
A: The specific percentage varies by survey year. Check the most recent FRED data for current figures.
Q: How does this educational data impact economic development?
A: Higher education levels typically correlate with increased economic productivity and attract knowledge-based industries.
Q: How often is this data updated?
A: The 5-year estimate is typically updated annually by the U.S. Census Bureau.
Q: Why is tracking bachelor's degree rates important?
A: It helps assess workforce skills, educational investment, and potential economic growth strategies.
Q: How does Richland County's education level compare to state averages?
A: Compare the specific series data with South Carolina's overall educational attainment statistics.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1745079), retrieved from FRED.