This was 27.6 percent lower than the state average of 43.4 percent. In 2020 the total municipality population reached 1,496.
74.6 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Falls for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 254 | 25.4 |
| Regular high school diploma | 246 | 24.6 |
| GED or alternative credential | 120 | 12 |
| Some college, less than 1 year | 52 | 5.2 |
| Some college, 1 or more years, no degree | 170 | 17 |
| Associate's degree | 61 | 6.1 |
| Bachelor's degree | 69 | 6.9 |
| Master's degree | 19 | 1.9 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 9 | 0.9 |
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