This was 16.9 percent lower than the state average of 41.8 percent. In 2020 the total municipality population reached 328.
87.6 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Fairwater for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 24 | 12.4 |
| Regular high school diploma | 72 | 37.3 |
| GED or alternative credential | 9 | 4.7 |
| Some college, less than 1 year | 11 | 5.7 |
| Some college, 1 or more years, no degree | 29 | 15 |
| Associate's degree | 18 | 9.3 |
| Bachelor's degree | 26 | 13.5 |
| Master's degree | 4 | 2.1 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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