This was 25.9 percent lower than the state average of 42.7 percent. In 2020 the total municipality population reached 1,654.
74.5 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Lakin for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 301 | 25.5 |
| Regular high school diploma | 504 | 42.7 |
| GED or alternative credential | 20 | 1.7 |
| Some college, less than 1 year | 69 | 5.9 |
| Some college, 1 or more years, no degree | 87 | 7.4 |
| Associate's degree | 107 | 9.1 |
| Bachelor's degree | 78 | 6.6 |
| Master's degree | 13 | 1.1 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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