This was 13.2 percent lower than the state average of 41 percent. In 2020 the total municipality population reached 637.
88 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 | 56 | 12 |
| Regular high school diploma | 207 | 44.2 |
| GED or alternative credential | 20 | 4.3 |
| Some college, less than 1 year | 30 | 6.4 |
| Some college, 1 or more years, no degree | 25 | 5.3 |
| Associate's degree | 40 | 8.5 |
| Bachelor's degree | 66 | 14.1 |
| Master's degree | 17 | 3.6 |
| Professional school degree | 2 | 0.4 |
| Doctorate degree | 5 | 1.1 |
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