| Index | Waterville | Minnesota | National |
| Average Test Scores | 69% | 52% | 48% |
| Student/Teacher ratio | 16:1 | 16:1 | 16:1 |
| Total public schools | 2 | 2,224 | 79,221 |
| Total private schools | n/a | 477 | 24,874 |
| Total post-secondary schools | n/a | 140 | 7,963 |
| Index | Waterville | Minnesota | National |
| Completed 8th grade | 83.8% | 90.5% | 84.3% |
| Completed high school | 82.9% | 89.5% | 83.0% |
| Completed some college | 45.4% | 66.9% | 59.4% |
| Completed associate degree | 23.2% | 45.2% | 38.5% |
| Completed bachelors | 14.6% | 34.2% | 30.3% |
| Completed masters | 4.1% | 11.5% | 11.5% |
| Completed professional degree | 0.9% | 3.5% | 3.3% |
| Completed doctorate | 0.0% | 1.4% | 1.3% |
There are a total of 2 public schools, n/a private schools and n/a post-secondary schools in Waterville. Using the proficiency score averages, the average test scores for Waterville, MN schools is 69%. The average student to teacher ratio is 16:1. In Waterville, MN, an average of 83.8% of students have completed 8th grade and an average of 82.9% have completed high school.
| City | Population | Avg. Test Scores | National Avg. |
| Cleveland, MN | 819 | 61% | 26.6% |
| St. Clair, MN | 779 | 60% | 24.5% |
| Morristown, MN | 980 | 60% | 24.0% |
| Janesville, MN | 2,588 | 50% | 3.1% |
| Waseca, MN | 9,195 | 46% | 3.7% |
| Waterville, MN | 1,898 | 69% | 42.7% |
| City | Population | Avg. Test Scores | National Avg. |
| Troy, TN | 1,898 | 37% | 22.9% |
| South Paris, ME | 1,898 | 29% | 40.6% |
| Fairchance, PA | 1,897 | 50% | 3.1% |
| State Center, IA | 1,896 | 77% | 60.1% |
| Oak Hill, OH | 1,900 | 66% | 38.0% |
| Waterville, MN | 1,898 | 69% | 42.7% |
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