This was 5.2 percent higher than the state average of 39.6 percent. In 2020 the total municipality population reached 2,760.
98.8 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Canadian Lakes for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 27 | 1.2 |
| Regular high school diploma | 604 | 25.8 |
| GED or alternative credential | 31 | 1.3 |
| Some college, less than 1 year | 182 | 7.8 |
| Some college, 1 or more years, no degree | 445 | 19 |
| Associate's degree | 164 | 7 |
| Bachelor's degree | 492 | 21.1 |
| Master's degree | 290 | 12.4 |
| Professional school degree | 76 | 3.3 |
| Doctorate degree | 26 | 1.1 |
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