This was 22.3 percent lower than the state average of 40.5 percent. In 2020 the total municipality population reached 1,492.
83.5 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Lake Butler for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 138 | 16.5 |
| Regular high school diploma | 312 | 37.3 |
| GED or alternative credential | 72 | 8.6 |
| Some college, less than 1 year | 89 | 10.6 |
| Some college, 1 or more years, no degree | 73 | 8.7 |
| Associate's degree | 73 | 8.7 |
| Bachelor's degree | 36 | 4.3 |
| Master's degree | 43 | 5.1 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |

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