This was 17.9 percent lower than the state average of 42.7 percent. In 2020 the total municipality population reached 351.
95 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Lockwood CDP for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 13 | 5 |
| Regular high school diploma | 128 | 49.6 |
| GED or alternative credential | 17 | 6.6 |
| Some college, less than 1 year | 0 | 0 |
| Some college, 1 or more years, no degree | 36 | 14 |
| Associate's degree | 26 | 10.1 |
| Bachelor's degree | 25 | 9.7 |
| Master's degree | 0 | 0 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 13 | 5 |
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