This was 1.2 percent higher than the state average of 43.7 percent. In 2020 the total municipality population reached 1,010.
91.9 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Rapids City village for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 55 | 8.1 |
| Regular high school diploma | 150 | 22.2 |
| GED or alternative credential | 47 | 7 |
| Some college, less than 1 year | 20 | 3 |
| Some college, 1 or more years, no degree | 100 | 14.8 |
| Associate's degree | 82 | 12.1 |
| Bachelor's degree | 145 | 21.5 |
| Master's degree | 58 | 8.6 |
| Professional school degree | 8 | 1.2 |
| Doctorate degree | 10 | 1.5 |
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