This number was 1.9 percent higher than the state average of 36.5 percent. In 2018 the total municipality population reached 112.
97 percent of the population had at least a high school diploma or the equivalent. The table below shows how many Chain-O-Lakes village residents who were at least 25 years old in 2018 held each of the listed degrees.
Degree distribution in Chain-O-Lakes village for 2018*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 3 | 3 |
| Regular high school diploma | 20 | 20.2 |
| GED or alternative credential | 1 | 1 |
| Some college, less than 1 year | 2 | 2 |
| Some college, 1 or more years, no degree | 35 | 35.4 |
| Associate's degree | 19 | 19.2 |
| Bachelor's degree | 15 | 15.2 |
| Master's degree | 4 | 4 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |

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