This was 5.8 percent lower than the state average of 46.3 percent. In 2020 the total municipality population reached 3,581.
89 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Balmville for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 302 | 11 |
| Regular high school diploma | 815 | 29.7 |
| GED or alternative credential | 88 | 3.2 |
| Some college, less than 1 year | 127 | 4.6 |
| Some college, 1 or more years, no degree | 301 | 11 |
| Associate's degree | 288 | 10.5 |
| Bachelor's degree | 469 | 17.1 |
| Master's degree | 228 | 8.3 |
| Professional school degree | 72 | 2.6 |
| Doctorate degree | 54 | 2 |
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