This was 21.5 percent higher than the state average of 41 percent. In 2020 the total municipality population reached 1,135.
95.2 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Colony Park for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 38 | 4.8 |
| Regular high school diploma | 109 | 13.7 |
| GED or alternative credential | 27 | 3.4 |
| Some college, less than 1 year | 15 | 1.9 |
| Some college, 1 or more years, no degree | 110 | 13.8 |
| Associate's degree | 43 | 5.4 |
| Bachelor's degree | 356 | 44.7 |
| Master's degree | 82 | 10.3 |
| Professional school degree | 9 | 1.1 |
| Doctorate degree | 8 | 1 |
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