Why Move to Medicine Lake?
Medicine Lake is a small town of 213 people in Sheridan County County, sitting at 1,959 feet in elevation. Known as "The Prairie Oasis," it combines the best of Montana living — stunning natural beauty, outdoor recreation, and a strong community — with authentic small-town charm.
Montana has no state sales tax and no tax on retirement income, making it financially attractive for both working professionals and retirees. Medicine Lake specifically offers 21 recreation and attraction sites nearby, a housing affordability ratio of 2.8x, and four distinct seasons.
Cost of Living in Medicine Lake
The typical home value in Medicine Lake is $115,632. Renters can expect to pay around $492 per month. The median household income is $41,000.
The affordability ratio (home price ÷ income) is 2.8x, which is very affordable by national standards.
Montana has no state sales tax, which saves residents money on everyday purchases. The state also has no tax on Social Security or other retirement income. Property taxes are moderate, based on assessed value.
Medicine Lake Housing Market
Medicine Lake. The community has 143 total housing units with a 23.1% vacancy rate, suggesting more options and negotiating room for buyers.
Inventory data from Zillow Research (recent). Vacancy & housing units from U.S. Census Bureau ACS 5-Year 2019–2023. Market conditions change — verify current listings before making decisions.
See detailed housing data and percentile rankings on the full Medicine Lake profile.
Medicine Lake Weather & Climate
Medicine Lake experiences four distinct seasons. Summers are warm with July highs averaging 83°F. Winters are cool with January lows around 10°F. Expect about 11" of snow annually.
| Month | Avg High | Avg Low | Precip | Snow |
|---|---|---|---|---|
| Jan | 27°F | 10°F | 0.5" | 1.1" |
| Feb | 24°F | 4°F | 0.6" | 1.6" |
| Mar | 39°F | 18°F | 0.5" | 1.2" |
| Apr | 50°F | 28°F | 1.4" | 2.4" |
| May | 66°F | 42°F | 2" | 0.1" |
| Jun | 78°F | 55°F | 2.5" | 0" |
| Jul | 83°F | 61°F | 1.5" | 0" |
| Aug | 82°F | 60°F | 1.1" | 0" |
| Sep | 73°F | 51°F | 1.9" | 0" |
| Oct | 52°F | 35°F | 1.2" | 1.3" |
| Nov | 38°F | 22°F | 0.8" | 1.5" |
| Dec | 28°F | 11°F | 0.7" | 1.8" |
Outdoor Recreation Near Medicine Lake
Medicine Lake has access to 21 recreation and attraction sites spanning 5 categories.
Lakes
Nearby lakes include Homestead Lake, McIlwain Lake, Shotgun Reservoir, Burgess Reservoir, Flecher Reservoir.
Explore all 21 recreation sites on the full Medicine Lake profile.
Jobs & Economy in Medicine Lake
Medicine Lake has an unemployment rate of 3.3%, which is at or below the state average — indicating a healthy local job market. The labor force participation rate is 71.6%, reflecting an active and engaged workforce.
The top industries by employment are Transportation (20.5%), Education & Healthcare (19.7%), Agriculture & Mining (16.2%). Approximately 117 residents are employed locally.
Employment by Industry
| Industry | Share of Employment |
|---|---|
| Transportation | 20.5% |
| Education & Healthcare | 19.7% |
| Agriculture & Mining | 16.2% |
Montana has no state sales tax and no tax on retirement income, making it attractive for both workers and retirees.
Employment and industry data from U.S. Census Bureau ACS 5-Year 2019–2023. Current conditions may differ.
Schools & Education
Medicine Lake is served by the Medicine Lake Public Schools school district with approximately 80 students enrolled.
Graduation rates from OPI/NCES 2022–23. Per-pupil spending from Montana OPI fiscal data.
Healthcare in Medicine Lake
The nearest hospital is Sheridan Memorial Hospital in Plentywood, 18.9 miles away. The nearest major trauma center is Billings Clinic in Billings, 265.5 miles away — plan accordingly for emergencies.
Hospital data from MT DPHHS 2024. Verify services directly with facilities.
Getting to Medicine Lake
Medicine Lake is accessible via the following airports:
- Bozeman Yellowstone Intl — 437 miles (452 min drive)
- Billings Logan Intl — 319 miles (334 min drive)
- Missoula Intl — 550 miles (565 min drive)
- Glacier Park Intl (Kalispell) — 537 miles (552 min drive)
- Great Falls Intl — 390 miles (405 min drive)
Pros & Cons of Living in Medicine Lake
Pros
- No state sales tax
- Montana outdoor lifestyle
- Low unemployment (3.3%)
- Affordable cost of living
- Authentic small-town community
- No state income tax on retirement
Cons
- Cold winters
- Limited shopping and dining options
- Distance from major metro areas
- Airport is a significant drive
Frequently Asked Questions
What is the cost of living in Medicine Lake, Montana?
The typical home value is $115,632 and rent averages $492/month. The median household income is $41,000. Montana has no state sales tax, which helps offset costs.
What are winters like in Medicine Lake?
January lows average 10°F with about 11" of annual snowfall. Winter driving skills and proper vehicle preparation are essential.
Is Medicine Lake a good place to live?
Medicine Lake offers 21 nearby recreation sites, a favorable affordability ratio of 2.8x, and four distinct seasons. Montana's lack of sales tax and retirement income tax are significant benefits.
How many homes are for sale in Medicine Lake?
Housing availability varies. The community has 143 total housing units with a 23.1% vacancy rate (Census ACS 2019–2023). Check Zillow or local MLS for the most current listings.
What is the job market like in Medicine Lake?
Medicine Lake has a 3.3% unemployment rate, which is at or below the state average. Labor force participation is 71.6%. About 117 residents are employed locally. The leading industry is transportation. Montana has no state sales tax, which benefits both businesses and consumers.
What healthcare is available in Medicine Lake?
The nearest hospital is Sheridan Memorial Hospital in Plentywood (18.9 miles). The nearest major trauma center is Billings Clinic in Billings, 265.5 miles away. There are 6 hospitals within 60 miles.