Medicine Lake, Minnesota Demographics & Population 2026

A note before these figures: with a population of 596, Medicine Lake's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Medicine Lake is a small community located in Minnesota, within Hennepin County. The total population is 596. It ranks as the 462nd most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Medicine Lake is 44.5 years. This is 15% higher than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Medicine Lake is $183,750. This is 106% higher than the state median of $89,062. It is also 128% higher than the national median of $80,734. The poverty rate stands at 2.7%. This is 71% lower than the state poverty rate of 9.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The survey records no unemployed residents in Medicine Lake, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $1,083,300. Housing costs are 229% higher than the state median of $329,300. The home-value-to-income ratio is 5.9x. 81.2% of occupied housing units are owner-occupied. This homeownership rate is 12% higher than the state average of 72.2%.

Race & Ethnicity

Medicine Lake has a predominantly White (non-Hispanic) population, comprising 90.9% of all residents. Hispanic or Latino residents account for 3.9%. The Asian population (1.0%) is well below the state average of 5.1%.

Education

70.4% of residents aged 25 and older hold a bachelor's degree or higher. This places Medicine Lake in the top 10% of all cities in the state for educational attainment. This is 79% higher than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.8%. Notably, 31.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Medicine Lake, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.