This was 19.4 percent lower than the state average of 47.4 percent. In 2020 the total municipality population reached 1,320.
82.3 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 | 123 | 17.7 |
| Regular high school diploma | 177 | 25.5 |
| GED or alternative credential | 50 | 7.2 |
| Some college, less than 1 year | 42 | 6.1 |
| Some college, 1 or more years, no degree | 107 | 15.4 |
| Associate's degree | 50 | 7.2 |
| Bachelor's degree | 120 | 17.3 |
| Master's degree | 21 | 3 |
| Professional school degree | 3 | 0.4 |
| Doctorate degree | 0 | 0 |
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