This was 28.4 percent lower than the state average of 34.4 percent. In 2020 the total municipality population reached 407.
81.9 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Billings for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 54 | 18.1 |
| Regular high school diploma | 160 | 53.7 |
| GED or alternative credential | 6 | 2 |
| Some college, less than 1 year | 5 | 1.7 |
| Some college, 1 or more years, no degree | 55 | 18.5 |
| Associate's degree | 3 | 1 |
| Bachelor's degree | 8 | 2.7 |
| Master's degree | 7 | 2.3 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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