This was 37.1 percent lower than the state average of 44.8 percent. In 2020 the total municipality population reached 13.
100 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Balfour for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 0 | 0 |
| Regular high school diploma | 8 | 61.5 |
| GED or alternative credential | 3 | 23.1 |
| Some college, less than 1 year | 1 | 7.7 |
| Some college, 1 or more years, no degree | 0 | 0 |
| Associate's degree | 0 | 0 |
| Bachelor's degree | 1 | 7.7 |
| Master's degree | 0 | 0 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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