This was 28.3 percent lower than the state average of 43.7 percent. In 2020 the total municipality population reached 204.
91.8 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Eldred for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 15 | 8.2 |
| Regular high school diploma | 113 | 62.1 |
| GED or alternative credential | 7 | 3.8 |
| Some college, less than 1 year | 0 | 0 |
| Some college, 1 or more years, no degree | 19 | 10.4 |
| Associate's degree | 10 | 5.5 |
| Bachelor's degree | 18 | 9.9 |
| Master's degree | 0 | 0 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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