Medicine Lake town, Montana Demographics & Population 2026

Population Overview

Medicine Lake town is a small community located in Montana. The total population is 190. It ranks as the 255th most populous out of 470 cities and towns in Montana.

Age Demographics

The median age in Medicine Lake town is 49.8 years. This is 24% higher than the state median of 40.2 years. Only 13.2% of residents are under 18, indicating fewer families with children. 12.1% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Medicine Lake town is $41,000. This is 41% lower than the state median of $69,922. Compared to the national median of $78,538, household income here is 48% lower. The poverty rate stands at 12.3%. This is 2% higher than the state poverty rate of 12.0%. The unemployment rate is 3.3%. This is 12% lower than the state rate of 3.8%. The median home value is $95,000. Housing costs are 72% lower than the state median of $338,100. With a home-value-to-income ratio of just 2.3x, Medicine Lake town is one of the most affordable housing markets in the area. 71.8% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 69.4%.

Race & Ethnicity

The largest racial or ethnic group in Medicine Lake town is White (non-Hispanic), making up 83.7% of the population. Hispanic or Latino residents account for 8.9%. The Hispanic or Latino population is significantly higher than the state average (8.9% vs 4.4%).

Education

21.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 37% lower than the state rate of 34.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.6%.

Data Sources & Methodology

All demographic data for Medicine Lake town, Montana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Montana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 470 Census-designated places in Montana. For official data, visit data.census.gov.