This was 20.6 percent lower than the state average of 48.4 percent. In 2020 the total municipality population reached 1,039.
95.5 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in New Richland for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 32 | 4.5 |
| Regular high school diploma | 277 | 38.7 |
| GED or alternative credential | 32 | 4.5 |
| Some college, less than 1 year | 58 | 8.1 |
| Some college, 1 or more years, no degree | 118 | 16.5 |
| Associate's degree | 108 | 15.1 |
| Bachelor's degree | 64 | 8.9 |
| Master's degree | 27 | 3.8 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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