Medicine Lake, MN population, income and ZIP codes

Medicine Lake city is a very small community in Minnesota, with 541 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #485 of 914 ranked by population — larger than 46% of them. The median age here is 44.9 years against 39.1 nationally, a slightly older profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Medicine Lake city earn a median of $161,250 a year, 105.3% above the national figure of $78,538 and 114% above the $75,469 median for the 361 Minnesota cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 2.6% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Medicine Lake city is valued at $1,014,500, 234.4% above the national figure and 322% above the $240,400 peer median, while median gross rent runs $1,025 a month, 27.1% below the national figure, or roughly $12,300 across a full year. A household on the local median income would put about 7.6% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 6.3×, against roughly 3.9× nationally, so buying is out of reach on local earnings alone and the ownership market leans on outside income, equity or dual high earners. 84.2% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

Home values sit at 6.3× median household income, far past the 3.9× national mark, so ownership costs here are set by something other than local wages — second homes, retirees with equity, or commuters earning elsewhere. With 541 residents, a handful of survey responses moves every median on this page. Compare Medicine Lake city against its county rather than against national figures.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.