This was 14.3 percent lower than the state average of 38 percent. In 2020 the total municipality population reached 154.
99.1 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Novelty for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 1 | 0.9 |
| Regular high school diploma | 63 | 55.3 |
| GED or alternative credential | 11 | 9.6 |
| Some college, less than 1 year | 5 | 4.4 |
| Some college, 1 or more years, no degree | 7 | 6.1 |
| Associate's degree | 2 | 1.8 |
| Bachelor's degree | 8 | 7 |
| Master's degree | 17 | 14.9 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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