This was 0.8 percent higher than the state average of 41.1 percent. In 2020 the total municipality population reached 973.
89.2 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Larchwood for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 71 | 10.8 |
| Regular high school diploma | 191 | 29.1 |
| GED or alternative credential | 33 | 5 |
| Some college, less than 1 year | 32 | 4.9 |
| Some college, 1 or more years, no degree | 55 | 8.4 |
| Associate's degree | 101 | 15.4 |
| Bachelor's degree | 143 | 21.8 |
| Master's degree | 24 | 3.7 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 7 | 1.1 |
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