HomeMinnesotaHennepin CountyMedicine Lake city
Medicine Lake city, Minnesota: commercial real estate data.
Medicine Lake city is a Census city of 596 people across 0.17 square miles of land, in Hennepin County. Median household income is $183,750, 81.2 percent of occupied homes are owned.
50 sourced place values · tier FULL · 6 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Medicine Lake
What Medicine Lake is
- Census place typecity
- Land area0.17 sq mi
- Water area0.2 sq mi
- Population per square mile of land3,455 plus or minus 852
- County holding the largest share of its areaHennepin County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Medicine Lake
How many people live in Medicine Lake
- Population596 plus or minus 147
- Median age44.5
- Population under 18165 plus or minus 60
- Share under 1827.7 percent plus or minus 7.4
- Population 65 and over86 plus or minus 29
- Share 65 and over14.4 percent plus or minus 3.3
- Households234 plus or minus 64
- Family households167 plus or minus 48
- Share of households that are families71.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Medicine Lake
Income and work in Medicine Lake
- Median household income$183,750 plus or minus $105,271
- Per capita income$107,750 plus or minus $33,692
- Civilian labor force328 plus or minus 101
- Employed328 plus or minus 101
- Unemployed0
- Unemployment rate0.0 percent
- Adults 25 and over419 plus or minus 106
- Adults 25 and over with a high school diploma or higher99.8 percent plus or minus 34.7
- Adults 25 and over with a bachelor degree or higher70.4 percent
- Adults 25 and over with a graduate degree31.3 percent plus or minus 10.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Medicine Lake
Housing in Medicine Lake
- Housing units237 plus or minus 64
- Occupied units234 plus or minus 64
- Vacant units3 plus or minus 3
- Vacancy rate1.3 percent plus or minus 1.2
- Owner occupied190 plus or minus 54
- Renter occupied44 plus or minus 27
- Ownership rate81.2 percent
- Median owner-occupied home value$1,083,300
- Median gross rent, monthly$1,150
- Annual rent as a share of median income7.5 percent plus or minus 4.4
- Single family units221 plus or minus 60
- Share single family93.2 percent
- Units in buildings of two or more16 plus or minus 21
- Share in buildings of two or more6.8 percent plus or minus 8.8
- Mobile homes0
- Median year structure built1966
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Medicine Lake
How Medicine Lake gets to work
- Workers 16 and over who commute262 plus or minus 101
- Commuting under 15 minutes86 plus or minus 73
- Share commuting under 15 minutes32.8 percent plus or minus 24.6
- Commuting 30 minutes or more45 plus or minus 26
- Share commuting 30 minutes or more17.2 percent plus or minus 7.3
- Drove alone79.8 percent plus or minus 18.6
- Carpooled0.3 percent plus or minus 0.6
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home19.9 percent plus or minus 6.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hennepin County, not Medicine Lake
Hennepin County context, not Medicine Lake figures
These are Hennepin County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Medicine Lake measurements.
- Establishments in Hennepin County40,486
- Employment at those establishments, Hennepin County939,201
- Covered employment, Hennepin County917,117
- Average annual pay, Hennepin County$90,157
- Average weekly wage, Hennepin County$1,734
- Housing units permitted, Hennepin County3,919
- Of those, single family, Hennepin County2,054
- County product, 2024, Hennepin County$193,617,316,000
- County product change over the prior year, Hennepin County5.1 percent
- Average income of an arriving household, Hennepin County$77,501
Every figure in this section is published for Hennepin County as a whole and is not a measurement of Medicine Lake. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No SBA approvals are recorded to a borrower address in this place in either FOIA release.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Medicine Lake questions, answered from the record.
How many people live in Medicine Lake, Minnesota?
596, in 234 households. Medicine Lake city covers 0.17 square miles of land, which is 3,455 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Medicine Lake in?
Hennepin County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Medicine Lake?
$183,750. The median owner-occupied home is valued at $1,083,300. Median gross rent is $1,150 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Medicine Lake figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hennepin County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Medicine Lake.
Is zoning published for Medicine Lake?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.