This was 21.1 percent lower than the state average of 40.2 percent. In 2020 the total municipality population reached 659.
89.8 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Colbert for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 51 | 10.2 |
| Regular high school diploma | 178 | 35.7 |
| GED or alternative credential | 21 | 4.2 |
| Some college, less than 1 year | 23 | 4.6 |
| Some college, 1 or more years, no degree | 130 | 26.1 |
| Associate's degree | 36 | 7.2 |
| Bachelor's degree | 26 | 5.2 |
| Master's degree | 26 | 5.2 |
| Professional school degree | 5 | 1 |
| Doctorate degree | 2 | 0.4 |
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