This was 18 percent lower than the state average of 39.6 percent. In 2020 the total municipality population reached 525.
95.2 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Carp Lake for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 16 | 4.8 |
| Regular high school diploma | 140 | 41.9 |
| GED or alternative credential | 8 | 2.4 |
| Some college, less than 1 year | 61 | 18.3 |
| Some college, 1 or more years, no degree | 37 | 11.1 |
| Associate's degree | 21 | 6.3 |
| Bachelor's degree | 35 | 10.5 |
| Master's degree | 6 | 1.8 |
| Professional school degree | 2 | 0.6 |
| Doctorate degree | 8 | 2.4 |

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