| Index | Fairfield Bay | Arkansas | National |
| Average Test Scores | n/a | 45% | 48% |
| Student/Teacher ratio | n/a | 14:1 | 16:1 |
| Total public schools | n/a | 860 | 79,221 |
| Total private schools | n/a | 165 | 24,874 |
| Total post-secondary schools | n/a | 98 | 7,963 |

| Index | Fairfield Bay | Arkansas | National |
| Completed 8th grade | 87.8% | 80.7% | 84.3% |
| Completed high school | 87.8% | 79.0% | 83.0% |
| Completed some college | 57.4% | 50.5% | 59.4% |
| Completed associate degree | 29.7% | 27.9% | 38.5% |
| Completed bachelors | 22.6% | 21.5% | 30.3% |
| Completed masters | 6.7% | 7.6% | 11.5% |
| Completed professional degree | 1.8% | 2.2% | 3.3% |
| Completed doctorate | 0.8% | 0.9% | 1.3% |
There are a total of n/a public schools, n/a private schools and n/a post-secondary schools in Fairfield Bay. Using the proficiency score averages, the average test scores for Fairfield Bay, AR schools is n/a. The average student to teacher ratio is n/a. In Fairfield Bay, AR, an average of 87.8% of students have completed 8th grade and an average of 87.8% have completed high school.
| City | Population | Avg. Test Scores | National Avg. |
| Heber Springs, AR | 7,368 | 59% | 22.6% |
| Clinton, AR | 2,629 | 56% | 16.7% |
| Shirley, AR | 355 | 43% | 9.9% |
| Greers Ferry, AR | 882 | 42% | 12.5% |
| Fairfield Bay, AR | 2,414 | n/a |
| City | Population | Avg. Test Scores | National Avg. |
| Mason City, IL | 2,414 | 26% | 46.9% |
| West Branch, IA | 2,414 | 68% | 40.6% |
| Stevenson, AL | 2,413 | 40% | 16.0% |
| Lamoni, IA | 2,412 | 66% | 36.5% |
| Holcomb, KS | 2,416 | 22% | 54.5% |
| Fairfield Bay, AR | 2,414 | n/a |