Bachelor's Degree or Higher (5-year estimate) in Meade County, SD
HC01ESTVC1746093 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.90
Year-over-Year Change
25.12%
Date Range
1/1/2010 - 1/1/2023
Summary
This economic trend measures the percentage of adults aged 25 and older in Meade County, South Dakota who have obtained a bachelor's degree or higher educational attainment. It provides insights into the local population's educational profile and labor force quality.
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 (5-year estimate) in Meade County, SD trend tracks the share of the adult population in this county that has completed a four-year college degree or more advanced educational credential. This statistic is an important indicator of the skill level and human capital available in the local economy.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey (ACS) with a 5-year rolling average.
Historical Context
Policymakers and economic developers can use this metric to assess Meade County's relative attractiveness for businesses and talent.
Key Facts
- Meade County's bachelor's degree or higher rate was 24.9% 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 innovation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of adults aged 25 and older in Meade County, South Dakota who have obtained a bachelor's degree or higher level of educational attainment.
Q: Why is this trend relevant for users or analysts?
A: Educational attainment is an important indicator of the skill level and human capital available in a local economy, which influences its competitiveness and ability to attract businesses and talent.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey (ACS) with a 5-year rolling average.
Q: How is this trend used in economic policy?
A: Policymakers and economic developers can use this metric to assess Meade County's relative attractiveness for businesses and talent compared to other regions.
Q: Are there update delays or limitations?
A: The 5-year rolling average data may not fully reflect the most recent changes in educational attainment levels.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Meade County, SD (HC01ESTVC1746093), retrieved from FRED.