Medicine Lake

Population: 541
Median household income: $161,250
Median home value: $1,014,500

Medicine Lake, a community in Hennepin County, Minnesota, has 541 residents. Its median household income of $161,250 runs above the Hennepin County figure of $96,339.

Between 2019 and 2023, Medicine Lake's population grew 24.1% from 436 to 541, while its median home value rose 42.4% from $712,500 to $1,014,500.

The median resident is 44.9 years old. The largest age group is 5 to 17, 26.1% of residents.

Demographics

ACS 2019–2023

Population: 541
Median age: 44.9 yrs
Median household income: $161,250
Median home value: $1,014,500
Median gross rent: $1,025
Housing units: 221
Homeownership rate: 84.2%
Bachelor's degree or higher: 71.0%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

436541

Median household income

$86,563$161,250

Median home value

$712,500$1,014,500

Median gross rent

$944$1,025

Year	Population	Median household income	Median home value	Median gross rent
2019	436	$86,563	$712,500	$944
2020	475	$103,125	$972,800	$910
2021	411	$117,083	$919,400	$985
2022	419	$136,250	$1,037,200	$983
2023	541	$161,250	$1,014,500	$1,025

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 51.8%

5 to 1726.1%

18 to 242.6%

25 to 348.1%

35 to 4411.6%

45 to 5425.3%

55 to 647.6%

65 to 747.2%

75 and over9.6%

	Count	Share
Under 5	10	1.8%
5 to 17	141	26.1%
18 to 24	14	2.6%
25 to 34	44	8.1%
35 to 44	63	11.6%
45 to 54	137	25.3%
55 to 64	41	7.6%
65 to 74	39	7.2%
75 and over	52	9.6%

Race & ethnicity

	Count	Share
White (non-Hispanic)	496	91.7%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	6	1.1%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	3	0.6%
Two or more races	14	2.6%
Hispanic or Latino (any race)	22	4.1%

Educational attainment (age 25+)

No high school diploma0.3%

High school graduate5.9%

Some college or associate's22.9%

Bachelor's degree38.3%

Graduate or professional degree32.7%

	Count	Share
No high school diploma	1	0.3%
High school graduate	22	5.9%
Some college or associate's	86	22.9%
Bachelor's degree	144	38.3%
Graduate or professional degree	123	32.7%

Commute to work

Mean travel time to work: 17 min

Drove alone78.9%

Carpooled1.1%

Public transit0.7%

Walked0.4%

Bicycle0.0%

Worked from home19.0%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	224	78.9%
Carpooled	3	1.1%
Public transit	2	0.7%
Walked	1	0.4%
Bicycle	0	0.0%
Worked from home	54	19.0%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	92	40.0%
15 to 29 min	98	42.6%
30 to 44 min	35	15.2%
45 to 59 min	2	0.9%
60+ min	3	1.3%

Households

Average household size: 2.52
Poverty rate: 2.6% (14 of 541)

	Count	Share
Family households	148	68.8%
Nonfamily households	67	31.2%

Housing

Median year structure built: 1966

Occupancy

	Count	Share
Occupied	215	97.3%
Vacant	6	2.7%

Tenure (of occupied units)

	Count	Share
Owner-occupied	181	84.2%
Renter-occupied	34	15.8%

1-unit, detached90.0%

1-unit, attached2.3%

2 to 4 units3.2%

5 to 19 units4.5%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	199	90.0%
1-unit, attached	5	2.3%
2 to 4 units	7	3.2%
5 to 19 units	10	4.5%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 2741462
Type (LSAD): 25
Land area: 0.17 sq mi
Water area: 0.2 sq mi
Center point: 44.9958, -93.4181