This was 8.1 percent lower than the state average of 38.1 percent. In 2020 the total municipality population reached 1,229.
73.4 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Mustang Ridge for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 194 | 26.6 |
| Regular high school diploma | 157 | 21.5 |
| GED or alternative credential | 53 | 7.3 |
| Some college, less than 1 year | 29 | 4 |
| Some college, 1 or more years, no degree | 77 | 10.6 |
| Associate's degree | 64 | 8.8 |
| Bachelor's degree | 134 | 18.4 |
| Master's degree | 21 | 2.9 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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