This was 18.7 percent lower than the state average of 39.6 percent. In 2020 the total municipality population reached 1,128.
85.4 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Colon for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 95 | 14.6 |
| Regular high school diploma | 181 | 27.8 |
| GED or alternative credential | 41 | 6.3 |
| Some college, less than 1 year | 50 | 7.7 |
| Some college, 1 or more years, no degree | 149 | 22.9 |
| Associate's degree | 51 | 7.8 |
| Bachelor's degree | 57 | 8.7 |
| Master's degree | 28 | 4.3 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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