This was 3.3 percent higher than the state average of 48.5 percent. In 2020 the total municipality population reached 238.
99 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Waitsfield for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 2 | 1 |
| Regular high school diploma | 31 | 15.9 |
| GED or alternative credential | 0 | 0 |
| Some college, less than 1 year | 32 | 16.4 |
| Some college, 1 or more years, no degree | 29 | 14.9 |
| Associate's degree | 3 | 1.5 |
| Bachelor's degree | 41 | 21 |
| Master's degree | 37 | 19 |
| Professional school degree | 15 | 7.7 |
| Doctorate degree | 5 | 2.6 |
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