This was 29.5 percent lower than the state average of 43.7 percent. In 2020 the total municipality population reached 380.
72 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Olmsted for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 69 | 28 |
| Regular high school diploma | 67 | 27.2 |
| GED or alternative credential | 6 | 2.4 |
| Some college, less than 1 year | 26 | 10.6 |
| Some college, 1 or more years, no degree | 43 | 17.5 |
| Associate's degree | 9 | 3.7 |
| Bachelor's degree | 21 | 8.5 |
| Master's degree | 5 | 2 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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