This was 0.5 percent higher than the state average of 38 percent. In 2020 the total municipality population reached 209.
84.6 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Farley for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 22 | 15.4 |
| Regular high school diploma | 39 | 27.3 |
| GED or alternative credential | 0 | 0 |
| Some college, less than 1 year | 6 | 4.2 |
| Some college, 1 or more years, no degree | 21 | 14.7 |
| Associate's degree | 11 | 7.7 |
| Bachelor's degree | 32 | 22.4 |
| Master's degree | 9 | 6.3 |
| Professional school degree | 1 | 0.7 |
| Doctorate degree | 2 | 1.4 |
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