This was 26.6 percent lower than the state average of 39.6 percent. In 2020 the total municipality population reached 3,382.
91 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Wolf Lake for 2020*
| Degree | Number of people | Percentage of population | 
|---|---|---|
| No degree | 210 | 9 | 
| Regular high school diploma | 1,065 | 45.6 | 
| GED or alternative credential | 135 | 5.8 | 
| Some college, less than 1 year | 255 | 10.9 | 
| Some college, 1 or more years, no degree | 365 | 15.6 | 
| Associate's degree | 143 | 6.1 | 
| Bachelor's degree | 95 | 4.1 | 
| Master's degree | 39 | 1.7 | 
| Professional school degree | 26 | 1.1 | 
| Doctorate degree | 0 | 0 | 

 
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