This was 4.5 percent higher than the state average of 48.4 percent. In 2020 the total municipality population reached 778.
95.5 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Lanesboro for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 27 | 4.5 |
| Regular high school diploma | 110 | 18.5 |
| GED or alternative credential | 13 | 2.2 |
| Some college, less than 1 year | 34 | 5.7 |
| Some college, 1 or more years, no degree | 96 | 16.2 |
| Associate's degree | 86 | 14.5 |
| Bachelor's degree | 159 | 26.8 |
| Master's degree | 51 | 8.6 |
| Professional school degree | 17 | 2.9 |
| Doctorate degree | 1 | 0.2 |
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