This was 18.1 percent lower than the state average of 42.7 percent. In 2020 the total municipality population reached 1,659.
87.4 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Caney for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 152 | 12.6 |
| Regular high school diploma | 328 | 27.1 |
| GED or alternative credential | 103 | 8.5 |
| Some college, less than 1 year | 111 | 9.2 |
| Some college, 1 or more years, no degree | 219 | 18.1 |
| Associate's degree | 170 | 14 |
| Bachelor's degree | 113 | 9.3 |
| Master's degree | 15 | 1.2 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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