This was 10.1 percent higher than the state average of 47.4 percent. In 2020 the total municipality population reached 1,761.
93.1 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Arcola for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 74 | 6.9 |
| Regular high school diploma | 159 | 14.8 |
| GED or alternative credential | 103 | 9.6 |
| Some college, less than 1 year | 17 | 1.6 |
| Some college, 1 or more years, no degree | 103 | 9.6 |
| Associate's degree | 21 | 2 |
| Bachelor's degree | 364 | 33.9 |
| Master's degree | 211 | 19.6 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 22 | 2 |
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