Bachelor's Degree or Higher (5-year estimate) in Boone County, WV
HC01ESTVC1754005 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.90
Year-over-Year Change
48.75%
Date Range
1/1/2010 - 1/1/2023
Summary
This trend measures the percentage of adults aged 25 and older in Boone County, West Virginia who have attained a bachelor's degree or higher level of educational attainment. It provides insight into the educational profile and human capital of the local population.
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 metric is a key indicator of a region's educational attainment and talent pool. It helps analysts and policymakers understand the knowledge-based skills and qualifications available to employers and the broader economic potential of the local workforce.
Methodology
The data is estimated from the U.S. Census Bureau's American Community Survey using a 5-year sample period.
Historical Context
This indicator is relevant for evaluating economic development, workforce planning, and educational investment strategies at the county level.
Key Facts
- Boone County, WV has a 5-year bachelor's degree or higher rate of 12.2%.
- This is well below the national average of 32.9% for the same time period.
- Educational attainment is a key driver of economic prosperity and innovation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of adults aged 25 and older in Boone County, West Virginia who have attained at least a bachelor's degree.
Q: Why is this trend relevant for users or analysts?
A: The bachelor's degree attainment rate is a key indicator of a region's educational profile and human capital, which are important factors for economic development, workforce planning, and policy decisions.
Q: How is this data collected or calculated?
A: The data is estimated from the U.S. Census Bureau's American Community Survey using a 5-year sample period.
Q: How is this trend used in economic policy?
A: This indicator is relevant for evaluating educational investments, workforce development programs, and other policies aimed at improving the skills and qualifications of the local population.
Q: Are there update delays or limitations?
A: The 5-year estimate data has a built-in time lag, but provides more stable and reliable results compared to 1-year estimates.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (5-year estimate) in Boone County, WV (HC01ESTVC1754005), retrieved from FRED.