This was 17.6 percent lower than the state average of 44.8 percent. In 2020 the total municipality population reached 313.
98.9 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Gilby for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 2 | 1.1 |
| Regular high school diploma | 58 | 31.5 |
| GED or alternative credential | 6 | 3.3 |
| Some college, less than 1 year | 32 | 17.4 |
| Some college, 1 or more years, no degree | 36 | 19.6 |
| Associate's degree | 33 | 17.9 |
| Bachelor's degree | 12 | 6.5 |
| Master's degree | 3 | 1.6 |
| Professional school degree | 2 | 1.1 |
| Doctorate degree | 0 | 0 |

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