This was 12.7 percent lower than the state average of 39.6 percent. In 2020 the total municipality population reached 996.
94.3 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Central Lake for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 37 | 5.7 |
| Regular high school diploma | 218 | 33.7 |
| GED or alternative credential | 75 | 11.6 |
| Some college, less than 1 year | 63 | 9.8 |
| Some college, 1 or more years, no degree | 79 | 12.2 |
| Associate's degree | 62 | 9.6 |
| Bachelor's degree | 74 | 11.5 |
| Master's degree | 28 | 4.3 |
| Professional school degree | 8 | 1.2 |
| Doctorate degree | 2 | 0.3 |

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