This was 12.5 percent lower than the state average of 38 percent. In 2020 the total municipality population reached 1,116.
82.8 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Cool Valley for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 131 | 17.2 |
| Regular high school diploma | 181 | 23.8 |
| GED or alternative credential | 48 | 6.3 |
| Some college, less than 1 year | 84 | 11 |
| Some college, 1 or more years, no degree | 123 | 16.2 |
| Associate's degree | 55 | 7.2 |
| Bachelor's degree | 85 | 11.2 |
| Master's degree | 45 | 5.9 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 9 | 1.2 |

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