This was 18.4 percent lower than the state average of 43.7 percent. In 2020 the total municipality population reached 622.
98.5 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Thayer for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 7 | 1.5 |
| Regular high school diploma | 217 | 45.4 |
| GED or alternative credential | 19 | 4 |
| Some college, less than 1 year | 35 | 7.3 |
| Some college, 1 or more years, no degree | 79 | 16.5 |
| Associate's degree | 38 | 7.9 |
| Bachelor's degree | 68 | 14.2 |
| Master's degree | 12 | 2.5 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 3 | 0.6 |
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