Median Income
$136,250
household / year
Median Home Value
$1,037,200
owner-occupied
Median Rent
$983
gross / month
Cost of Living
104
national avg = 100

Is Medicine Lake, MN a Good Place to Live?

Medicine Lake is a small town of 419 in Minnesota, with a median household income of $136,250 . Its cost of living index is 104 (US average = 100), which is 4% above the national average.

Strengths: Medicine Lake stands out for a well-educated population, short average commutes.

Trade-offs: Potential downsides include high home prices. Whether Medicine Lake is right for you depends on your priorities — the full breakdown is below.

All Medicine Lake city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 104.5

Medicine Lake's overall cost of living index is 104.5, where 100 represents the US national average. Living in Medicine Lake costs roughly 4% more than the average American city.

Metric Medicine Lake, MN National Avg
Median Home Value $1,037,200 $244,900
Median Monthly Rent $983 $1,163
Homeownership Rate 80.3% 65.9%
Median Household Income $136,250 $74,755

Crime & Safety

Near National Average

Medicine Lake's violent crime rate is 505.0 per 100,000 residents — 33% higher than the national average of ~380 per 100,000.

Violent Crime
505.0 /100k
Property Crime
2928.6 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Medicine Lake, MN National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 69.6% 35.4%
High School Diploma or Higher 99.3% 91.1%

Weather & Climate

Medicine Lake sees average highs of 23.6°F in January and 82.3°F in July, with 34.7 inches of annual precipitation and 54.3 inches of snow per year.

MetricMedicine Lake, MN
Average High — January23.6°F
Average High — July82.3°F
Annual Precipitation34.7"
Annual Snowfall54.3"

Demographics

MetricMedicine Lake, MNNational Avg
Population419—
Median Age45.438.9
Unemployment Rate0.0%3.7%
Avg Commute Time15.9 min26 min
White (non-Hispanic)93.6%59.3%
Black or African American0.0%13.6%
Hispanic or Latino3.8%18.9%
Asian1.2%6.3%
Under 1824.1%22.2%
65 and over17.9%16.8%

Nearby Cities

Plymouth, MN 3 mi Golden Valley, MN 3 mi New Hope, MN 3 mi Crystal, MN 4 mi St. Louis Park, MN 4 mi

Medicine Lake vs Other Cities

Medicine Lake, MN vs Plymouth, MN Medicine Lake, MN vs Golden Valley, MN Medicine Lake, MN vs New Hope, MN Medicine Lake, MN vs Crystal, MN Medicine Lake, MN vs St. Louis Park, MN

Frequently Asked Questions

Medicine Lake's cost of living index is 104, where 100 is the national average. That puts Medicine Lake roughly 4% above the national average in cost. The median home price is $1,037,200 and median rent is $983/month.
Medicine Lake's violent crime rate is 505.0 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 2928.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Medicine Lake, MN has a population of 419, a median household income of $136,250, and an unemployment rate of 0.0%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Medicine Lake averages 23.6°F in January and 82.3°F in July. Annual rainfall is 34.7 inches with about 54.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Medicine Lake, Minnesota is 419 with a median age of 45.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Medicine Lake: cost of living index 104 (100 = US average), median home $1,037,200, median household income $136,250, crime index 136 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Medicine Lake side by side with your current city to see the trade-offs.