This was 11.7 percent lower than the state average of 38.1 percent. In 2020 the total municipality population reached 1,666.
91.5 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Caddo Mills for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 91 | 8.5 |
| Regular high school diploma | 400 | 37.4 |
| GED or alternative credential | 94 | 8.8 |
| Some college, less than 1 year | 105 | 9.8 |
| Some college, 1 or more years, no degree | 97 | 9.1 |
| Associate's degree | 76 | 7.1 |
| Bachelor's degree | 174 | 16.3 |
| Master's degree | 25 | 2.3 |
| Professional school degree | 7 | 0.7 |
| Doctorate degree | 0 | 0 |
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