This was 25 percent lower than the state average of 41 percent. In 2020 the total municipality population reached 434.
80 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Richfield for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 65 | 20 |
| Regular high school diploma | 128 | 39.4 |
| GED or alternative credential | 4 | 1.2 |
| Some college, less than 1 year | 18 | 5.5 |
| Some college, 1 or more years, no degree | 58 | 17.8 |
| Associate's degree | 10 | 3.1 |
| Bachelor's degree | 24 | 7.4 |
| Master's degree | 18 | 5.5 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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