This was 11.8 percent lower than the state average of 48.4 percent. In 2020 the total municipality population reached 2,655.
93.7 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Wabasha for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 129 | 6.3 |
| Regular high school diploma | 524 | 25.5 |
| GED or alternative credential | 70 | 3.4 |
| Some college, less than 1 year | 295 | 14.4 |
| Some college, 1 or more years, no degree | 283 | 13.8 |
| Associate's degree | 217 | 10.6 |
| Bachelor's degree | 319 | 15.6 |
| Master's degree | 157 | 7.7 |
| Professional school degree | 33 | 1.6 |
| Doctorate degree | 24 | 1.2 |

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