This number was the same as the state average. In 2017 the total municipality population reached 333.
97.7 percent of the population had at least a high school diploma or the equivalent. The table below shows how many
Lake Sherwood residents who were at least 25 years old in 2017 held each of the listed degrees.
Degree distribution in Lake Sherwood for 2017*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 7 | 2.3 |
| Regular high school diploma | 118 | 39.6 |
| GED or alternative credential | 0 | 0 |
| Some college less than 1 year | 38 | 12.8 |
| Some college 1 or more years no degree | 17 | 5.7 |
| Associate's degree | 8 | 2.7 |
| Bachelor's degree | 62 | 20.8 |
| Master's degree | 30 | 10.1 |
| Professional school degree | 18 | 6 |
| Doctorate degree | 0 | 0 |
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