This was 5 percent lower than the state average of 35 percent. In 2020 the total municipality population reached 9,936.
93 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Clay city for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 469 | 7 |
| Regular high school diploma | 2,011 | 30.1 |
| GED or alternative credential | 334 | 5 |
| Some college, less than 1 year | 537 | 8 |
| Some college, 1 or more years, no degree | 1,324 | 19.8 |
| Associate's degree | 609 | 9.1 |
| Bachelor's degree | 1,001 | 15 |
| Master's degree | 271 | 4.1 |
| Professional school degree | 58 | 0.9 |
| Doctorate degree | 61 | 0.9 |
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