All Countries
Medicine Lake, MN
Full City Profile · Minnesota · Carver County County
3.5
/5.0
B+
Good
541
Population
3,182/sq mi density
$161,250
Median Income
$105,496 per capita
$1,014,500
Home Value
$1,094,093 Zillow
$1,025
Median Rent
24.4% income on rent
46°F
Avg Temperature
270 sunny days/yr
72
Violent Crime/100K
1,555 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$161,250 median income, 0.0% unemployment
B
Affordability
3.1 / 5.0
$1,014,500 home value, $1,025/mo rent
F
Safety
1.0 / 5.0
72 violent crimes/100K
A+
Education
5.0 / 5.0
71.0% bachelor's degree or higher
Income Overview
Median Household Income
$161,250
115% above
US avg: $75,149
Per Capita Income
$105,496
170% above
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
1.4%
89% below
US avg: 12.4%
Income Comparison: Medicine Lake vs. U.S. Average
Each bar shows Medicine Lake’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$161,250
215%
Per Capita
US: $39,052
$105,496
270%
IRS Avg AGI
US: $72,000
$131,468
183%
Avg Weekly Wage
US: $1,432
$1,297
91%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,297
9% below US avg ($1,432)
Mean Commute Time
17 min
38% below US avg (28 min)
Work From Home
19.0%
25% above US avg (15.2%)
Drive Alone
78.9%
8% above US avg (73.2%)
Public Transit
0.7%
86% below US avg (5.0%)
County GDP
$7,614M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
78.9%
Public Transit
0.7%
Work From Home
19%
Other
1.4%
Average commute time
17 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,874
Restaurants
188
Healthcare
268
Retail
232
Manufacturing
153
Tax & Financial
IRS Avg Adjusted Gross Income
$131,468
83% above US avg ($72,000)
Avg Property Tax
$6,648
90% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $161,250 |
| Per Capita Income | $105,496 |
| IRS Avg Adjusted Gross Income | $131,468 |
| Avg Weekly Wage | $1,297 |
| County GDP | $7,614M |
Hardship Indicators
| Unemployment Rate | 0.0% |
| Poverty Rate | 1.4% |
| Gini Coefficient | 0.415 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 17 minutes |
| Drive Alone | 78.9% |
| Public Transit | 0.7% |
| Work From Home | 19.0% |
Businesses
| Total Establishments | 2,874 |
| Restaurants | 188 |
| Healthcare | 268 |
| Retail | 232 |
| Manufacturing | 153 |
Tax
| IRS Avg AGI | $131,468 |
| Avg Property Tax | $6,648 |