This was 2.3 percent lower than the state average of 46.3 percent. In 2020 the total municipality population reached 3,850.
90.8 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Owego for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 257 | 9.2 |
| Regular high school diploma | 494 | 17.7 |
| GED or alternative credential | 283 | 10.1 |
| Some college, less than 1 year | 138 | 4.9 |
| Some college, 1 or more years, no degree | 393 | 14.1 |
| Associate's degree | 510 | 18.3 |
| Bachelor's degree | 382 | 13.7 |
| Master's degree | 219 | 7.8 |
| Professional school degree | 73 | 2.6 |
| Doctorate degree | 44 | 1.6 |
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