This was 18.1 percent lower than the state average of 43.7 percent. In 2020 the total municipality population reached 916.
85.4 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Mounds for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 84 | 14.6 |
| Regular high school diploma | 151 | 26.3 |
| GED or alternative credential | 46 | 8 |
| Some college, less than 1 year | 30 | 5.2 |
| Some college, 1 or more years, no degree | 117 | 20.3 |
| Associate's degree | 99 | 17.2 |
| Bachelor's degree | 10 | 1.7 |
| Master's degree | 38 | 6.6 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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