This was 24.1 percent lower than the state average of 35 percent. In 2020 the total municipality population reached 853.
84.8 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Oakman town for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 89 | 15.2 |
| Regular high school diploma | 270 | 46 |
| GED or alternative credential | 25 | 4.3 |
| Some college, less than 1 year | 28 | 4.8 |
| Some college, 1 or more years, no degree | 111 | 18.9 |
| Associate's degree | 30 | 5.1 |
| Bachelor's degree | 22 | 3.7 |
| Master's degree | 12 | 2 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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