This was 14.4 percent lower than the state average of 41 percent. In 2020 the total municipality population reached 167.
78.9 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Frankfort Springs for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 23 | 21.1 |
| Regular high school diploma | 23 | 21.1 |
| GED or alternative credential | 0 | 0 |
| Some college, less than 1 year | 8 | 7.3 |
| Some college, 1 or more years, no degree | 26 | 23.9 |
| Associate's degree | 20 | 18.3 |
| Bachelor's degree | 7 | 6.4 |
| Master's degree | 2 | 1.8 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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