Bachelor's Degree or Higher (5-year estimate) in Franklin County, TN
HC01ESTVC1747051 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.10
Year-over-Year Change
29.78%
Date Range
1/1/2010 - 1/1/2023
Summary
This trend measures the percentage of the population in Franklin County, Tennessee with a bachelor's degree or higher. It provides insights into the educational attainment and human capital of the local community.
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 Franklin County, TN metric tracks the share of the county's population aged 25 and older who have completed a bachelor's degree or higher level of education. This data is useful for analyzing regional variations in educational achievement and the quality of the local workforce.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This metric informs policymakers, businesses, and economic development efforts in Franklin County.
Key Facts
- Franklin County, TN has a bachelor's degree or higher rate of 19.8%.
- The national average bachelor's degree or higher rate is 32.1%.
- Educational attainment is a key driver of economic competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the population in Franklin County, Tennessee aged 25 and older who have completed a bachelor's degree or higher level of education.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the educational attainment and human capital of the local community, which is important for understanding regional economic competitiveness and workforce development.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: This metric informs policymakers, businesses, and economic development efforts in Franklin County by providing insights into the local population's educational achievement.
Q: Are there update delays or limitations?
A: The data is based on 5-year estimates from the American Community Survey, so there may be a delay of several years before the most recent information is available.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Franklin County, TN (HC01ESTVC1747051), retrieved from FRED.