This was 2.8 percent lower than the state average of 41.8 percent. In 2020 the total municipality population reached 1,129.
95 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Elk Mound for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 32 | 5 |
| Regular high school diploma | 198 | 30.8 |
| GED or alternative credential | 53 | 8.2 |
| Some college, less than 1 year | 48 | 7.5 |
| Some college, 1 or more years, no degree | 61 | 9.5 |
| Associate's degree | 107 | 16.6 |
| Bachelor's degree | 80 | 12.4 |
| Master's degree | 57 | 8.9 |
| Professional school degree | 2 | 0.3 |
| Doctorate degree | 5 | 0.8 |
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