This was 6.6 percent lower than the state average of 31.3 percent. In 2020 the total municipality population reached 2,692.
93 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Horseshoe Bend city for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 140 | 7 |
| Regular high school diploma | 512 | 25.5 |
| GED or alternative credential | 246 | 12.3 |
| Some college, less than 1 year | 245 | 12.2 |
| Some college, 1 or more years, no degree | 367 | 18.3 |
| Associate's degree | 165 | 8.2 |
| Bachelor's degree | 174 | 8.7 |
| Master's degree | 133 | 6.6 |
| Professional school degree | 18 | 0.9 |
| Doctorate degree | 5 | 0.2 |
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