
One of the things I wondered is if this was actually several different graphs layed out on each other. Did the three parts of the crescent represent three different types of counties?
So what I did was sort these counties by "Rural Urban Continuum" code. This is a set of codes put out by the Economic Research Service of the USDA that sorts counties by how urban and rural they are. As with any demographic measure, they are not perfect, but they are a useful tool.
So here is the plot for counties in metropolitan areas of some sort, define as RUC codes 1-3

But! Despite the fact that this diagram is more spread out, the shape remains. The four counties in the upper right are also not the most urbanized counties. By contrast, the three counties that are the most urbanized (Denver, King, Multnomah) all hang to the left, because like most urban counties, they have lots of college graduates, but also attract less educated workers as well.
So next we will look at counties with codes from 4 to 7: counties that are not metropolitan, but have some urban population. As with above "some urban population" can mean many different things.

Two things here: although once again the picture is somewhat blurred, it is also again, vaguely crescent shaped. Secondly, there is pretty big gap in this diagram. Most of the counties seem to be bunched up right below the 20% mark for college graduation, with a few over 20%. Then, between 30 and 40%: only two counties. Above 40%, there is a lot of counties showing up. From what I know about those counties over 40%, they seem to be mostly resort communities. Gallatin, Montana, for example, is the county adjacent to Yellowstone Park, and so has had a big influx of wealthy residents in the past few decades.
Finally, lets look at the truly rural counties, those considered to have no urban population whatsoever: codes 8 and 9.

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