This was 22.4 percent lower than the state average of 48.4 percent. In 2020 the total municipality population reached 631.
91.6 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Lake Park for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 34 | 8.4 |
| Regular high school diploma | 142 | 35.1 |
| GED or alternative credential | 26 | 6.4 |
| Some college, less than 1 year | 14 | 3.5 |
| Some college, 1 or more years, no degree | 83 | 20.5 |
| Associate's degree | 50 | 12.4 |
| Bachelor's degree | 45 | 11.1 |
| Master's degree | 10 | 2.5 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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