This was 7.8 percent lower than the state average of 41 percent. In 2020 the total municipality population reached 674.
95 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Conneaut Lake for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 24 | 5 |
| Regular high school diploma | 208 | 43.7 |
| GED or alternative credential | 15 | 3.2 |
| Some college, less than 1 year | 19 | 4 |
| Some college, 1 or more years, no degree | 52 | 10.9 |
| Associate's degree | 45 | 9.5 |
| Bachelor's degree | 93 | 19.5 |
| Master's degree | 20 | 4.2 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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