This was 9.4 percent lower than the state average of 35 percent. In 2020 the total municipality population reached 2,122.
75.1 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Thorsby town for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 394 | 24.9 |
| Regular high school diploma | 378 | 23.9 |
| GED or alternative credential | 94 | 5.9 |
| Some college, less than 1 year | 134 | 8.5 |
| Some college, 1 or more years, no degree | 175 | 11.1 |
| Associate's degree | 197 | 12.5 |
| Bachelor's degree | 148 | 9.4 |
| Master's degree | 51 | 3.2 |
| Professional school degree | 9 | 0.6 |
| Doctorate degree | 0 | 0 |
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