Bachelor's Degree or Higher (5-year estimate) in Ward County, TX
This dataset tracks bachelor's degree or higher (5-year estimate) in ward county, tx over time.
Latest Value
10.70
Year-over-Year Change
-5.31%
Date Range
1/1/2010 - 1/1/2023
Summary
This economic trend measures the percentage of adults aged 25 and older in Ward County, Texas who have attained a bachelor's degree or higher educational level. This statistic is important for understanding the local human capital and educational attainment in the region.
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 Ward County, TX trend provides a snapshot of the educational profile of the adult population in this specific geographic area. This data point is commonly used by policymakers, urban planners, and economists to analyze demographic trends and assess the workforce skills and talent pool within a community.
Methodology
This data is collected through the U.S. Census Bureau's American Community Survey (ACS) and calculated as a 5-year rolling average.
Historical Context
The educational attainment of a region's population is a key input for evaluating economic development, workforce readiness, and human capital investment decisions.
Key Facts
- Ward County, TX has a bachelor's degree or higher attainment rate of 16.4%.
- This rate is lower than the national average of 32.1%.
- Educational attainment varies significantly across different regions of Texas.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of adults aged 25 and older in Ward County, Texas who have attained a bachelor's degree or higher level of education.
Q: Why is this trend relevant for users or analysts?
A: The educational attainment of a region's population is a key indicator for evaluating economic development, workforce readiness, and human capital investment decisions.
Q: How is this data collected or calculated?
A: This data is collected through the U.S. Census Bureau's American Community Survey (ACS) and calculated as a 5-year rolling average.
Q: How is this trend used in economic policy?
A: Policymakers, urban planners, and economists use this data to analyze demographic trends and assess the workforce skills and talent pool within a community.
Q: Are there update delays or limitations?
A: The ACS data is released on an annual basis with a 5-year rolling average, so there may be a 1-2 year delay in the most recent information.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Ward County, TX (HC01ESTVC1748475), retrieved from FRED.