This was 15.1 percent lower than the state average of 48.4 percent. In 2020 the total municipality population reached 260.
91 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Peterson for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 14 | 9 |
| Regular high school diploma | 49 | 31.4 |
| GED or alternative credential | 11 | 7.1 |
| Some college, less than 1 year | 9 | 5.8 |
| Some college, 1 or more years, no degree | 21 | 13.5 |
| Associate's degree | 20 | 12.8 |
| Bachelor's degree | 20 | 12.8 |
| Master's degree | 12 | 7.7 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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