Bachelor's Degree or Higher (5-year estimate) in Somervell County, TX
HC01ESTVC1748425 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.00
Year-over-Year Change
-16.39%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures educational attainment for residents with bachelor's degrees in Somervell County, Texas. Provides critical insight into local human capital and workforce development.
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 educational demographic trend tracks the percentage of adults holding bachelor's degrees. It reflects community educational achievement and potential economic opportunities.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by local planners and economic development agencies to assess workforce capabilities.
Key Facts
- Indicates local educational infrastructure
- Reflects potential workforce skills
- Helps predict economic development potential
FAQs
Q: What does this educational data mean for Somervell County?
A: It reveals the percentage of adults with bachelor's degrees, indicating community educational achievement and potential economic opportunities.
Q: How is this educational data collected?
A: Data is gathered through the U.S. Census Bureau's American Community Survey over a 5-year period.
Q: Why is educational attainment important?
A: Higher education levels correlate with increased economic productivity and innovation potential.
Q: How often is this data updated?
A: The 5-year estimate is periodically refreshed to provide current educational landscape insights.
Q: Can this data help with economic planning?
A: Yes, it provides crucial information for workforce development and regional economic strategies.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1748425), retrieved from FRED.