This was 6.5 percent lower than the state average of 40.9 percent. In 2020 the total municipality population reached 638.
82.4 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Wolsey for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 67 | 17.6 |
| Regular high school diploma | 107 | 28.1 |
| GED or alternative credential | 13 | 3.4 |
| Some college, less than 1 year | 19 | 5 |
| Some college, 1 or more years, no degree | 44 | 11.5 |
| Associate's degree | 66 | 17.3 |
| Bachelor's degree | 43 | 11.3 |
| Master's degree | 19 | 5 |
| Professional school degree | 3 | 0.8 |
| Doctorate degree | 0 | 0 |
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