Bachelor's Degree or Higher (5-year estimate) in Bennett County, SD
HC01ESTVC1746007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.30
Year-over-Year Change
30.13%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for Bennett County, South Dakota residents with bachelor's degrees. 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 demographic indicator tracks the percentage of adults aged 25 and older with a bachelor's degree or higher in Bennett County.
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 regional educational infrastructure.
Key Facts
- Reflects long-term educational trends in rural South Dakota
- Critical indicator of workforce potential
- Helps target educational and economic development strategies
FAQs
Q: What does this educational attainment data represent?
A: Percentage of Bennett County residents 25+ with a bachelor's degree or higher. Indicates local educational achievement levels.
Q: Why is educational attainment important for economic development?
A: Higher education levels correlate with increased economic productivity and workforce competitiveness.
Q: How often is this data updated?
A: Typically updated through 5-year American Community Survey estimates.
Q: How can this data be used by local governments?
A: Helps target education and workforce training programs to address skill gaps.
Q: What are the limitations of this data?
A: Represents a 5-year estimate, so may not capture most recent educational changes.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1746007), retrieved from FRED.