This was 24.3 percent lower than the state average of 46.3 percent. In 2020 the total municipality population reached 1,534.
82.5 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Wolcott for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 186 | 17.5 |
| Regular high school diploma | 376 | 35.3 |
| GED or alternative credential | 76 | 7.1 |
| Some college, less than 1 year | 38 | 3.6 |
| Some college, 1 or more years, no degree | 155 | 14.6 |
| Associate's degree | 95 | 8.9 |
| Bachelor's degree | 60 | 5.6 |
| Master's degree | 62 | 5.8 |
| Professional school degree | 13 | 1.2 |
| Doctorate degree | 4 | 0.4 |
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