Bachelor's Degree or Higher (5-year estimate) in Hutchinson County, TX
This dataset tracks bachelor's degree or higher (5-year estimate) in hutchinson county, tx over time.
Latest Value
16.00
Year-over-Year Change
31.15%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks the percentage of residents with bachelor's degrees in Hutchinson County, Texas. Provides insights into higher education achievement and workforce sophistication.
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 holding a bachelor's degree or higher. It reflects advanced educational attainment.
Methodology
Calculated using 5-year American Community Survey estimates from the U.S. Census Bureau.
Historical Context
Utilized by economic developers to assess human capital and workforce potential.
Key Facts
- Indicates advanced educational achievement
- Correlates with economic innovation potential
- Reflects workforce skill levels
FAQs
Q: What does bachelor's degree data reveal about Hutchinson County?
A: It shows the percentage of residents with advanced educational credentials. Higher percentages suggest more skilled workforce.
Q: How frequently is this data updated?
A: The 5-year estimate provides a comprehensive view of educational trends periodically.
Q: Why track bachelor's degree rates?
A: It helps understand community educational levels and potential for economic development.
Q: How is this data collected?
A: Gathered through comprehensive U.S. Census Bureau surveys over a 5-year period.
Q: Can education levels predict economic outcomes?
A: Higher education rates often correlate with increased economic opportunities and innovation potential.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1748233), retrieved from FRED.