City

Medicine Lake, MT

1 ZIP code  ·  Sheridan County  ·  Montana

👥313Population
💰$42,813Median HH Income▼ 44% below avg
🎂49.9Median Age
🏠$90,000Median Home Value▼ 68% below avg
🎓26.9%College Grads▼ 31% below avg
📊2.2%Unemployment▼ 56% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 54.6% Female 45.4% ♀

Race & Ethnicity

White: 83.1%Hispanic: 6.4%Other: 6.7%Race
White83.1%
Hispanic6.4%
Other6.7%

Age Breakdown

Under 5
7%
5–17
12%
18–24
6%
25–44
20%
45–64
35%
65+
7%

Key Indicators

Median Age49.9 yrs
Avg HH Size1.97
Below Poverty17.3% ▲ 73% above avg
College Grads26.9% ▼ 31% below avg
Unemployment2.2% ▼ 56% below avg
HS Graduate78 (34.4%)
Some College33 (14.5%)
Associates55 (24.2%)
Bachelors14 (6.2%)
Graduate Degree47 (20.7%)

Education

HS Grad: 34.4%Some College: 14.5%Associates: 24.2%Bachelors: 6.2%Graduate: 20.7%Edu
HS Grad34.4%
Some College14.5%
Associates24.2%
Bachelors6.2%
Graduate20.7%
Housing & Income

Housing Tenure

Owner: 76.4%Renter: 23.6%Tenure
Owner76.4%
Renter23.6%

Home Value Distribution

Under $50k
23%
$50k–$100k
28%
$100k–$150k
29%
$150k–$200k
5%
$200k–$300k
3%
$300k–$500k
8%
Over $500k
3%

Financials

Median HH Income$42,813 ▼ 44% below avg
Median Home Value$90,000 ▼ 68% below avg
Home/Income Ratio2.1x (nat avg ~3.5x)
Total Housing Units213
Vacant Units56

Income Distribution

Under $25k
29%
$25k–$50k
22%
$50k–$75k
4%
$75k–$100k
13%
$100k–$150k
14%
$150k–$200k
11%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
77%
Walked
13%
Work From Home
10%

Commute Time

Under 15 min
58%
15–30 min
18%
30–45 min
19%
Over 45 min
5%
Housing Stock

Year Built

Before 1940
5%
1940s–1950s
11%
1960s–1970s
14%
1980s–1990s
11%
2000+
60%
About Medicine Lake, MT

Medicine Lake is a city in Montana, located in Sheridan County. The city spans 1 ZIP code and is home to approximately 313 residents. It is a mature city, with a median age of 49.9 years.

Economically, Medicine Lake is a working-class community. The median household income of $42,813 is below the national average. Approximately 17.3% of residents live below the poverty line. The unemployment rate is 2.2%, well below the national average.

The real estate market in Medicine Lake is one of the more affordable housing markets in the country. Median home values stand at $90,000, which is well below the national average. Homeownership is high at 76.4%, typical of suburban and family-oriented communities.

The population of Medicine Lake is moderately educated. 26.9% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (83.07%).

Medicine Lake, MT offers residents a cost-conscious lifestyle within Montana.

ZIP Codes in Medicine Lake
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
59247 313 $42,813 $90,000 2.2% 26.9% 76.4%