Punnakkulangara has an almost 95% literacy rate. On average there is at least one graduate in every home. Most of the people attend Punnakkulangara Anganvaadi for preschool education. Almost 100% of the children used to go to schools. Most of the people attend government schools around Punnakkulangara like Morazha South A.L.P School, Morazha Central U.P. School, and Government Higher Secondary School Morazha. For higher secondary education, people largely rely upon Morazha Govt. Higher Secondary school and K.P.R Gopalan Smaraka Govt Higher Secondary School, Kalliasseri. There is no college in Punnakkulangara. People depends upon Private and parallel Colleges in and around Taliparamba, Kannur, Payyannur, and Cherukunnu.
Economy
Agriculture - Once the major activity of the people in Punnakkulangara, is now in its downward swing. There are still a lot of people engaged in agriculture, but as a side business only. Once the vast paddy fields on the sides of the canal flowing through the center of Punnakkulngara was a nice scene. Slowly, but more and more paddy fields are becoming sterile. Major agricultural activities includes rice, coconut, areca nut, pepper, cashew, other seasonal activities... Business and Industry - There is no industry in Punnakkulangara. Lot of people are engaged in small and medium business in Kerala and abroad also. It ranges from small scale trading to trading abroad.
Vocation
A major portion of the population in Punnakkulnagara are labourers. The main fields which provides vocation to them are construction, agriculture, etc. Co-operative sector is a large source of livelihood. This include Weavers co-operative societies like Kalliassery Weavers Ind. Co-op society, Morazha Weavers Ind Co-op Society, Kerala Dinesh Beedi Co-op Society, Indian Coffee House etc. One of the most important section is the people employed in other parts of India and abroad. Most of the Non resident are employed in Arabian countries. Another important area is Government sector. Many people are employed in Government offices, Schools, University etc. Nowadays people employed in IT and allied industries are also rising up. In Punnakkulangara also, rather than unemployment, underemployment is the main problem.
Politics
Punnakkulangara is always been a fertile land for pro-proletarian forces. Many times, in the local body election there was no opposition. Punnakkulangara, 3rd ward of the former Anthoor Panchyath and 27th ward of former unified Taliparamba municipality, now 21st ward of Anthoor Municipality, never elected any non left member.
