This was 20 percent lower than the state average of 40.5 percent. In 2020 the total municipality population reached 1,525.
83.1 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Lake Hamilton for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 183 | 16.9 |
| Regular high school diploma | 467 | 43 |
| GED or alternative credential | 53 | 4.9 |
| Some college, less than 1 year | 55 | 5.1 |
| Some college, 1 or more years, no degree | 105 | 9.7 |
| Associate's degree | 73 | 6.7 |
| Bachelor's degree | 141 | 13 |
| Master's degree | 8 | 0.7 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 1 | less than 0.1 |

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