This was 1.7 percent lower than the state average of 33.9 percent. In 2020 the total municipality population reached 3,993.
92.2 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Ely for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 223 | 7.8 |
| Regular high school diploma | 977 | 34 |
| GED or alternative credential | 123 | 4.3 |
| Some college, less than 1 year | 270 | 9.4 |
| Some college, 1 or more years, no degree | 356 | 12.4 |
| Associate's degree | 417 | 14.5 |
| Bachelor's degree | 353 | 12.3 |
| Master's degree | 128 | 4.5 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 28 | 1 |
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