This was 10.8 percent lower than the state average of 41.8 percent. In 2020 the total municipality population reached 473.
91 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Gays Mills for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 29 | 9 |
| Regular high school diploma | 113 | 35 |
| GED or alternative credential | 6 | 1.9 |
| Some college, less than 1 year | 24 | 7.4 |
| Some college, 1 or more years, no degree | 51 | 15.8 |
| Associate's degree | 28 | 8.7 |
| Bachelor's degree | 38 | 11.8 |
| Master's degree | 30 | 9.3 |
| Professional school degree | 2 | 0.6 |
| Doctorate degree | 2 | 0.6 |
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