This was 6.8 percent lower than the state average of 42.7 percent. In 2020 the total municipality population reached 952.
96.9 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Wakefield for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 23 | 3.1 |
| Regular high school diploma | 163 | 22.1 |
| GED or alternative credential | 13 | 1.8 |
| Some college, less than 1 year | 68 | 9.2 |
| Some college, 1 or more years, no degree | 205 | 27.9 |
| Associate's degree | 105 | 14.3 |
| Bachelor's degree | 101 | 13.7 |
| Master's degree | 57 | 7.7 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 1 | 0.1 |
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