This was 5.8 percent lower than the state average of 38 percent. In 2020 the total municipality population reached 355.
94.1 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Lake Viking for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 18 | 5.9 |
| Regular high school diploma | 79 | 25.7 |
| GED or alternative credential | 14 | 4.6 |
| Some college, less than 1 year | 48 | 15.6 |
| Some college, 1 or more years, no degree | 49 | 16 |
| Associate's degree | 12 | 3.9 |
| Bachelor's degree | 57 | 18.6 |
| Master's degree | 16 | 5.2 |
| Professional school degree | 7 | 2.3 |
| Doctorate degree | 7 | 2.3 |

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