This was 12.7 percent lower than the state average of 39.6 percent. In 2020 the total municipality population reached 371.
86.9 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Bear Lake for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 44 | 13.1 |
| Regular high school diploma | 123 | 36.7 |
| GED or alternative credential | 8 | 2.4 |
| Some college, less than 1 year | 28 | 8.4 |
| Some college, 1 or more years, no degree | 42 | 12.5 |
| Associate's degree | 34 | 10.1 |
| Bachelor's degree | 36 | 10.7 |
| Master's degree | 16 | 4.8 |
| Professional school degree | 4 | 1.2 |
| Doctorate degree | 0 | 0 |
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