This was 19.6 percent lower than the state average of 39.6 percent. In 2020 the total municipality population reached 966.
79.6 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Farwell for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 130 | 20.4 |
| Regular high school diploma | 216 | 34 |
| GED or alternative credential | 39 | 6.1 |
| Some college, less than 1 year | 59 | 9.3 |
| Some college, 1 or more years, no degree | 65 | 10.2 |
| Associate's degree | 34 | 5.3 |
| Bachelor's degree | 58 | 9.1 |
| Master's degree | 33 | 5.2 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 2 | 0.3 |
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