This was 8.3 percent higher than the state average of 41.1 percent. In 2020 the total municipality population reached 1,141.
95.1 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Fayette for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 28 | 4.9 |
| Regular high school diploma | 134 | 23.3 |
| GED or alternative credential | 20 | 3.5 |
| Some college, less than 1 year | 38 | 6.6 |
| Some college, 1 or more years, no degree | 71 | 12.3 |
| Associate's degree | 97 | 16.9 |
| Bachelor's degree | 125 | 21.7 |
| Master's degree | 54 | 9.4 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 8 | 1.4 |
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