This was 11.2 percent lower than the state average of 37.7 percent. In 2020 the total municipality population reached 1,548.
93.9 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Lake Lorelei for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 65 | 6.1 |
| Regular high school diploma | 437 | 41 |
| GED or alternative credential | 76 | 7.1 |
| Some college, less than 1 year | 16 | 1.5 |
| Some college, 1 or more years, no degree | 189 | 17.7 |
| Associate's degree | 171 | 16 |
| Bachelor's degree | 80 | 7.5 |
| Master's degree | 24 | 2.3 |
| Professional school degree | 8 | 0.8 |
| Doctorate degree | 0 | 0 |
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