Bachelor's Degree or Higher (5-year estimate) in Lexington city, VA
HC01ESTVC1751678 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57.30
Year-over-Year Change
31.42%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks the percentage of residents with bachelor's degrees in Lexington, Virginia. Offers insights into local educational landscape and human capital.
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 statistic measures the proportion of adults holding four-year college degrees in Lexington. It reflects the city's educational achievement and potential economic strengths.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Utilized by economic planners and educational policymakers to assess local human capital.
Key Facts
- Measures higher education levels
- Indicates potential workforce skills
- Helps evaluate local economic potential
FAQs
Q: What does this statistic reveal about Lexington?
A: It shows the percentage of adults with bachelor's degrees, reflecting the city's educational landscape.
Q: How is this data gathered?
A: Through the U.S. Census Bureau's comprehensive American Community Survey.
Q: Why track educational attainment?
A: It provides insights into local human capital, economic potential, and workforce preparedness.
Q: How frequently is the data updated?
A: The 5-year estimate provides a comprehensive view of educational trends over time.
Q: Can this information aid economic development?
A: Yes, it helps in strategic planning for education, workforce, and economic development initiatives.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1751678), retrieved from FRED.