This was 13.3 percent lower than the state average of 38 percent. In 2020 the total municipality population reached 1,210.
89.5 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Lincoln for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 78 | 10.5 |
| Regular high school diploma | 174 | 23.5 |
| GED or alternative credential | 102 | 13.8 |
| Some college, less than 1 year | 74 | 10 |
| Some college, 1 or more years, no degree | 130 | 17.5 |
| Associate's degree | 95 | 12.8 |
| Bachelor's degree | 51 | 6.9 |
| Master's degree | 34 | 4.6 |
| Professional school degree | 3 | 0.4 |
| Doctorate degree | 0 | 0 |

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