Bachelor's Degree or Higher (5-year estimate) in Rockingham County, VA
HC01ESTVC1751165 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.40
Year-over-Year Change
25.66%
Date Range
1/1/2010 - 1/1/2023
Summary
Measures the percentage of residents with bachelor's degrees in Rockingham County, Virginia. Indicates advanced educational achievement 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 estimate tracks higher education completion for residents aged 25 and older. It's a key metric for assessing community intellectual capital.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Utilized by economic developers and educational planners for strategic decision-making.
Key Facts
- Represents bachelor's degree attainment for 25+ population
- Indicates potential for knowledge-based economic activities
- Reflects community educational investment
FAQs
Q: What does a bachelor's degree percentage indicate?
A: It shows the proportion of residents with advanced educational credentials. Higher percentages suggest stronger human capital.
Q: Why track bachelor's degree rates?
A: It helps understand workforce capabilities, innovation potential, and economic competitiveness.
Q: How frequently is this data collected?
A: Updated through 5-year American Community Survey estimates.
Q: Can this data impact local economic planning?
A: Yes, it provides insights for workforce development, business attraction, and educational strategies.
Q: What limitations exist in this data?
A: Represents a snapshot and may not capture most recent educational trends or migrations.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1751165), retrieved from FRED.