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HomeMontanaSheridan CountyMedicine Lake town

Medicine Lake town, Montana: commercial real estate data.

Medicine Lake town is a Census town of 213 people across 0.40 square miles of land, in Sheridan County. Median household income is $48,125, 76.5 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 typetown
  • Land area0.4 sq mi
  • Water area0 sq mi
  • Population per square mile of land539 plus or minus 111
  • County holding the largest share of its areaSheridan 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

  • Population213 plus or minus 44
  • Median age52.2 plus or minus 14.3
  • Population under 1840 plus or minus 21
  • Share under 1818.8 percent plus or minus 9.1
  • Population 65 and over48 plus or minus 22
  • Share 65 and over22.5 percent plus or minus 9.4
  • Households115 plus or minus 25
  • Family households51 plus or minus 16
  • Share of households that are families44.3 percent plus or minus 10.0

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$48,125 plus or minus $25,484
  • Per capita income$35,720
  • Civilian labor force115 plus or minus 30
  • Employed112 plus or minus 29
  • Unemployed3 plus or minus 4
  • Unemployment rate2.6 percent plus or minus 3.4
  • Adults 25 and over158 plus or minus 33
  • Adults 25 and over with a high school diploma or higher92.4 percent
  • Adults 25 and over with a bachelor degree or higher20.9 percent plus or minus 11.1
  • Adults 25 and over with a graduate degree7.0 percent plus or minus 8.5

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Medicine Lake

Housing in Medicine Lake

  • Housing units156
  • Occupied units115 plus or minus 25
  • Vacant units41 plus or minus 19
  • Vacancy rate26.3 percent plus or minus 11.0
  • Owner occupied88 plus or minus 22
  • Renter occupied27 plus or minus 14
  • Ownership rate76.5 percent
  • Median owner-occupied home value$106,800
  • Median gross rent, monthly$493 plus or minus $489
  • Annual rent as a share of median income12.3 percent plus or minus 13.8
  • Single family units93 plus or minus 24
  • Share single family59.6 percent
  • Units in buildings of two or more14 plus or minus 15
  • Share in buildings of two or more9.0 percent plus or minus 9.7
  • Mobile homes49 plus or minus 22
  • Median year structure built1970

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 commute105 plus or minus 28
  • Commuting under 15 minutes62 plus or minus 20
  • Share commuting under 15 minutes59.0 percent
  • Commuting 30 minutes or more24 plus or minus 17
  • Share commuting 30 minutes or more22.9 percent plus or minus 14.7
  • Drove alone66.1 percent
  • Carpooled14.3 percent plus or minus 8.1
  • Public transport0.0 percent
  • Walked10.7 percent plus or minus 9.4
  • Worked from home6.3 percent plus or minus 4.2

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Sheridan County, not Medicine Lake

Sheridan County context, not Medicine Lake figures

These are Sheridan 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 Sheridan County152
  • Employment at those establishments, Sheridan County832
  • Covered employment, Sheridan County1,276
  • Average annual pay, Sheridan County$48,594
  • Average weekly wage, Sheridan County$935
  • Housing units permitted, Sheridan County0
  • Of those, single family, Sheridan County0
  • County product, 2024, Sheridan County$240,827,000
  • County product change over the prior year, Sheridan County16.4 percent
  • Average income of an arriving household, Sheridan County$61,280

Every figure in this section is published for Sheridan 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, Montana?

213, in 115 households. Medicine Lake town covers 0.40 square miles of land, which is 539 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?

Sheridan 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?

$48,125. The median owner-occupied home is valued at $106,800. Median gross rent is $493 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 Sheridan 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.