This was 53 percent higher than the state average of 33.9 percent. In 2020 the total municipality population reached 270.
100 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Lakeridge for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 0 | 0 |
| Regular high school diploma | 0 | 0 |
| GED or alternative credential | 0 | 0 |
| Some college, less than 1 year | 11 | 4.2 |
| Some college, 1 or more years, no degree | 23 | 8.9 |
| Associate's degree | 39 | 15.1 |
| Bachelor's degree | 113 | 43.6 |
| Master's degree | 63 | 24.3 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 10 | 3.9 |
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