Bachelor's Degree or Higher (5-year estimate) in Union County, SD
HC01ESTVC1746127 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.50
Year-over-Year Change
23.31%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks the percentage of residents with bachelor's degrees in Union County, South Dakota. Provides insights into higher education attainment and potential workforce skills.
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 residents aged 25 and older who have completed a bachelor's degree or higher. It reflects educational advancement and human capital.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by economic developers and educational planners to assess community educational capacity.
Key Facts
- Indicates advanced educational achievement
- Reflects potential workforce sophistication
- Important for economic competitiveness
FAQs
Q: What does this bachelor's degree data represent?
A: Percentage of residents 25+ with a bachelor's degree or higher. Measures advanced educational attainment.
Q: Why are bachelor's degree rates significant?
A: Correlates with higher earning potential and advanced workforce capabilities.
Q: How often is this data updated?
A: Updated through 5-year American Community Survey estimates.
Q: How can this data be used?
A: Helps understand community educational levels and potential economic development strategies.
Q: What are data limitations?
A: Represents a 5-year estimate, so may not capture most recent educational trends.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1746127), retrieved from FRED.