This was 14.2 percent lower than the state average of 41.1 percent. In 2020 the total municipality population reached 215.
98.7 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Rickardsville for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 2 | 1.3 |
| Regular high school diploma | 57 | 36.5 |
| GED or alternative credential | 1 | 0.6 |
| Some college, less than 1 year | 18 | 11.5 |
| Some college, 1 or more years, no degree | 36 | 23.1 |
| Associate's degree | 19 | 12.2 |
| Bachelor's degree | 13 | 8.3 |
| Master's degree | 6 | 3.8 |
| Professional school degree | 1 | 0.6 |
| Doctorate degree | 3 | 1.9 |

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