This was 3.4 percent lower than the state average of 39.6 percent. In 2020 the total municipality population reached 267.
95.9 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Kaycee for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 8 | 4.1 |
| Regular high school diploma | 64 | 32.7 |
| GED or alternative credential | 5 | 2.6 |
| Some college, less than 1 year | 3 | 1.5 |
| Some college, 1 or more years, no degree | 45 | 23 |
| Associate's degree | 47 | 24 |
| Bachelor's degree | 12 | 6.1 |
| Master's degree | 6 | 3.1 |
| Professional school degree | 2 | 1 |
| Doctorate degree | 4 | 2 |
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