Bachelor's Degree or Higher (5-year estimate) in Skagit County, WA
HC01ESTVC1753057 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.10
Year-over-Year Change
22.78%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks the percentage of residents with bachelor's degrees in Skagit County, Washington. Provides insights into higher education attainment and regional 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 estimate measures the proportion of residents aged 25 and older who have completed a bachelor's degree or higher. It reflects educational achievement and potential workforce sophistication.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Used by economic development agencies to assess workforce capabilities.
Key Facts
- Indicates advanced educational levels
- Reflects potential for knowledge-based industries
- Important for economic competitiveness
FAQs
Q: What does bachelor's degree attainment indicate?
A: Measures percentage of residents 25+ with college degrees. Suggests workforce skill levels and educational investment.
Q: Why are bachelor's degree rates important?
A: Correlates with innovation potential, economic resilience, and attractiveness to high-skill employers.
Q: How often is this data updated?
A: Updated through 5-year American Community Survey estimates.
Q: How can this data be used?
A: Helps economic planners understand regional human capital and target educational or workforce development initiatives.
Q: What are the data's limitations?
A: Provides a 5-year snapshot, which might not capture most recent educational trends or rapid changes.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1753057), retrieved from FRED.