This was 9 percent higher than the state average of 41 percent. In 2020 the total municipality population reached 756.
99.7 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Lake Latonka for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 2 | 0.3 |
| Regular high school diploma | 155 | 25.9 |
| GED or alternative credential | 13 | 2.2 |
| Some college, less than 1 year | 29 | 4.8 |
| Some college, 1 or more years, no degree | 100 | 16.7 |
| Associate's degree | 65 | 10.9 |
| Bachelor's degree | 166 | 27.8 |
| Master's degree | 54 | 9 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 14 | 2.3 |
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