This was 2.9 percent lower than the state average of 41.1 percent. In 2020 the total municipality population reached 1,194.
97.4 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 | 22 | 2.6 |
| Regular high school diploma | 290 | 33.6 |
| GED or alternative credential | 52 | 6 |
| Some college, less than 1 year | 89 | 10.3 |
| Some college, 1 or more years, no degree | 80 | 9.3 |
| Associate's degree | 172 | 20 |
| Bachelor's degree | 122 | 14.2 |
| Master's degree | 30 | 3.5 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 5 | 0.6 |

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