Montana · Census place 48775
Medicine Lake town, MT
Quick answer
Medicine Lake town has 190 residents, ranking #256 of 497 places in Montana. Median household income is $41,000, the median home is worth $95,000 and median gross rent runs $492 a month.
- Population
- 190Medicine Lake town residents
- Median household income
- $41,000Past 12 months, inflation adjusted
- Median home value
- $95,000Owner-occupied units
- Median gross rent
- $492Rent plus utilities, monthly
- Median age
- 49.8 yrsAll residents
- Homeownership rate
- 71.8%Owner-occupied households
What the numbers mean in Medicine Lake town
Housing cost measured against local earnings.
A household earning the Medicine Lake town median would spend about 14.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.3% of residents and 71.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Montana.
- Noxon CDP 193
- Gallatin River Ranch CDP 191
- Fort Shaw CDP 190
- Bull Lake CDP 185
- Crane CDP 185
- Elmo CDP 183
- Pine Creek CDP 182
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