Bachelor's Degree or Higher (5-year estimate) in Spink County, SD
HC01ESTVC1746115 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.10
Year-over-Year Change
38.97%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks educational attainment in Spink County, South Dakota, measuring the percentage of residents with bachelor's degrees. Provides critical insights into local human capital and economic potential.
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 reveals the educational landscape of Spink County. It helps economists understand workforce skills and potential economic development.
Methodology
Calculated using 5-year American Community Survey estimates from the U.S. Census Bureau.
Historical Context
Used by policymakers to assess educational infrastructure and workforce development strategies.
Key Facts
- Reflects 5-year educational trend in Spink County
- Important indicator of local human capital
- Helps assess economic development potential
FAQs
Q: What does this educational data reveal about Spink County?
A: It shows the percentage of residents with bachelor's degrees, indicating local educational achievement and economic opportunities.
Q: How is this educational data gathered?
A: Data is collected through the U.S. Census Bureau's American Community Survey using 5-year estimates.
Q: Why track educational attainment?
A: Higher education levels typically correlate with increased economic productivity and individual earning potential.
Q: How frequently is this data updated?
A: The 5-year estimate is periodically refreshed to provide a comprehensive educational trend analysis.
Q: Can this data support economic planning?
A: Yes, it helps policymakers and investors understand local workforce capabilities and development potential.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1746115), retrieved from FRED.