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The total population of Medicine Lake is estimated to be 206 with 129 males (62.62%) and 77 females (37.38%). There are 52 less females than males in Medicine Lake.
The median household income in Medicine Lake was $41,750 in 2021, which marked an a decrease of 428(1.01%) from $42,178 in 2020. This income is 55.96% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Medicine Lake sees its highest median household income among householders in the age group of 45 to 64 years old, at $63,504. Overall, the median household income for the town of Medicine Lake stands at $41,750.
In Medicine Lake, the median income for all workers aged 15 years and older, regardless of work hours, was $51,073 for males and $25,672 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $73,637 for males and $34,319 for females.
In Medicine Lake, population is primarily represented by White households, reporting a median income of $41,210.
In 2022, the population of Medicine Lake was 249, a 0.40% increase year-by-year from 2021. Previously, in 2021, Medicine Lake's population was 248, an increase of 1.22% compared to a population of 245 in 2020.
The median age in Medicine Lake, MT is 54.7, as per 2021 ACS 5-Year Estimates. Of the total population, 9.57% were under the age of 15, 15.65% aged 15 to 29, 43.04% aged 30 to 64, 31.30% aged 65 to 84, and 0.43% were 85 years of age and older.
Racial distribution of Medicine Lake population: 88.26% are White, 7.39% are American Indian and Alaska Native and 4.35% are multiracial.