This was 19.1 percent lower than the state average of 41.8 percent. In 2020 the total municipality population reached 510.
90.3 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Chief Lake for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 38 | 9.7 |
| Regular high school diploma | 59 | 15.1 |
| GED or alternative credential | 35 | 8.9 |
| Some college, less than 1 year | 116 | 29.6 |
| Some college, 1 or more years, no degree | 55 | 14 |
| Associate's degree | 29 | 7.4 |
| Bachelor's degree | 37 | 9.4 |
| Master's degree | 18 | 4.6 |
| Professional school degree | 5 | 1.3 |
| Doctorate degree | 0 | 0 |
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