This was 17.3 percent lower than the state average of 43.7 percent. In 2020 the total municipality population reached 616.
91.1 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Shipman for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 34 | 8.9 |
| Regular high school diploma | 145 | 38 |
| GED or alternative credential | 43 | 11.3 |
| Some college, less than 1 year | 19 | 5 |
| Some college, 1 or more years, no degree | 40 | 10.5 |
| Associate's degree | 37 | 9.7 |
| Bachelor's degree | 48 | 12.6 |
| Master's degree | 14 | 3.7 |
| Professional school degree | 2 | 0.5 |
| Doctorate degree | 0 | 0 |
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