This was 32.5 percent higher than the state average of 38 percent. In 2020 the total municipality population reached 2,510.
99.4 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Weatherby Lake for 2020*
| Degree | Number of people | Percentage of population | 
|---|---|---|
| No degree | 10 | 0.6 | 
| Regular high school diploma | 168 | 9.5 | 
| GED or alternative credential | 15 | 0.8 | 
| Some college, less than 1 year | 93 | 5.2 | 
| Some college, 1 or more years, no degree | 238 | 13.4 | 
| Associate's degree | 126 | 7.1 | 
| Bachelor's degree | 497 | 28 | 
| Master's degree | 424 | 23.9 | 
| Professional school degree | 166 | 9.4 | 
| Doctorate degree | 38 | 2.1 | 

 
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