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CITY · 2020 ACS

Medicine Lake

Minnesota · 337 residents · 0.173 sq mi
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The short version

Medicine Lake is significantly wealthier than the US average, with a median household income of $103,125. Population has declined 8% since 2000. 69% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value has roughly tripled since 2000, reaching $972,800. With a median age of 46.9, the population is older than the US median of 38.8. Households here earn about 41% more than the Minnesota median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 46.9
US median: 38.8
More educated
69% hold a bachelor's degree
US average: 33%
Less affordable
home values up 115%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
337
−8%since 2000
from 368 in 2000
1990 – 2025
Population density
1,948 / sq mi
−8%since 2000
from 2,127 / sq mi in 2000
US average: 280
Median age
46.9
+14%since 2000
from 41.0 in 2000
US average: 38.8
Population, 1990 – 2024
2873714565406241990201020202024Medicine Lake
2024596
1990201020202024
Section 02

Income & economy

Median household income
$103,125
−3%inflation adjusted, since 2000
from $70,750 in 2000
US average: $66,278
1990 – 2024
Per capita income
$84,249
+83%since 2000
from $45,942 in 2000
US average: $35,364
Households earning $100K+
59.5%
+1.9 ptssince 2009
from 57.6% in 2009
US average: 43.9%
Poverty rate
1.7%
+0.6 ptssince 2000
from 1.1% in 2000
US average: 12.8%
Workforce by industry, 2020
Arts, entertainment, food18.1%
US avg: 2%
Retail trade14%
US avg: 10%
Information7%
US avg: 11.1%
Other services7%
US avg: 6.6%
Transportation & warehousing4.1%
US avg: 2.5%
Public administration4.1%
US avg: 4.7%
Wholesale trade1.6%
US avg: 6.7%
Finance & insurance1.6%
US avg: 5.5%
Professional, scientific, technical1.6%
US avg: 4.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$972,800
+115%inflation adjusted, since 2000
from $301,600 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$910
+6%inflation adjusted, since 2000
from $569 in 2000
US average: $1,124
Owner-occupied
70.1%
−4.1 ptssince 2000
from 74.2% in 2000
29.9% rent
Afford Score
9.4
+121%since 2000
from 4.3 in 2000
1990 – 2024
RELATED:See current rent listings in Medicine Lake on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic94%(346)
Black0.5%(2)
Hispanic / Latino1.4%(5)
Asian2.4%(9)
Other0%
Diversity Score10.7%(39)
2020
White, non-Hispanic89.6%(302)
Black0%(0)
Hispanic / Latino2.4%(8)
Asian1.2%(4)
Other4.4%(15)
Diversity Score19.3%(65)
Diversity Score
19
+80%since 2000
from 11 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
68.8%
+24.7 ptssince 2000
from 44.1% in 2000
US average: 32.9%
High school or higher
98.8%
+6.1 ptssince 2000
from 92.7% in 2000
US average: 88.5%
Graduate degree
32.7%
+20.0 ptssince 2000
from 12.6% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
18.0 min
+51%since 2000
from 11.9 min in 2000
US average: 26.9
Drive alone to work
73.8%
−4.0 ptssince 2009
from 77.8% in 2009
US average: 75.1%
No vehicle available
1.4%
+0.3 ptssince 2009
from 1.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.8%
−4.8 ptssince 2011
from 5.6% in 2011
US average: 5.4%
Labor force participation
64.5%
−16.8 ptssince 2011
from 81.2% in 2011
US average: 63.4%
Management & professional
60.5%
−9.8 ptssince 2009
from 70.3% in 2009
US average: 39.3%
Section 08

People & community

Male
54.7%
+1.4 ptssince 2009
from 53.3% in 2009
Female
45.3%
−1.4 ptssince 2009
from 46.7% in 2009
Foreign born
10.3%
+8.0 ptssince 2009
from 2.3% in 2009
US average: 13.5%
Uninsured
2.3%
−95.4 ptssince 2013
from 97.7% in 2013
US average: 8.8%
Drill deeper

Places similar to Medicine Lake

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Places similar to Medicine Lake
Head to head

Compare Medicine Lake to nearby cities

MEDICINE LAKE VS
Plymouth
Income$136,534+32%
Home value$491,200−50%
Population78,942+5782%
SEE FULL COMPARISON →
MEDICINE LAKE VS
Golden Valley
Income$108,772+5%
Home value$431,400−56%
Population21,325+1489%
SEE FULL COMPARISON →
MEDICINE LAKE VS
New Hope
Income$77,662−25%
Home value$337,000−65%
Population20,807+1450%
SEE FULL COMPARISON →
MEDICINE LAKE VS
Crystal
Income$92,513−10%
Home value$296,100−70%
Population22,239+1557%
SEE FULL COMPARISON →
Frequently asked

How many people live in Medicine Lake, Minnesota?

Medicine Lake, Minnesota has about 337 residents according to the 2020 American Community Survey.

What is the median household income in Medicine Lake, Minnesota?

The typical household in Medicine Lake, Minnesota earns about $103,125 a year. Half of households make more than that, and half make less.

Is Medicine Lake, Minnesota expensive?

In Medicine Lake, Minnesota, the median home is worth about $972,800, and the typical rent is about $910 a month.

How educated are people in Medicine Lake, Minnesota?

About 68.8% of adults age 25 and over in Medicine Lake, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Medicine Lake, Minnesota?

About 1.7% of people in Medicine Lake, Minnesota live below the federal poverty line.

Has Medicine Lake, Minnesota grown since 1990?

Yes, Medicine Lake, Minnesota has shrunk since 1990. The population has lost about 66 residents, a change of about -16 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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