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Medicine Lake K-12 Schools

Learn about the people, housing, costs and businesses in Medicine Lake K-12 Schools, Montana

Median Home$102,767
Median Rent$993/month
Population717
Leading IndustriesAgriculture & Mining · Construction · Wholesale Trade28% agriculture & mining
Home Value Growth+10.1% over 2 years
Retirees24% of residentsabove average nationally
Homeowners76% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
Medicine Lake K-12 Schools
MT

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Medicine Lake K-12 Schools?

As of today, the 30-year fixed mortgage rate for Medicine Lake K-12 Schools is approximately 6.978% (7.020% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Medicine Lake K-12 Schools?

The median home value in Medicine Lake K-12 Schools is $103k. The median monthly rent is $993. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Medicine Lake K-12 Schools?

Home values in Medicine Lake K-12 Schools have increased 10.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Medicine Lake K-12 Schools?

Based on a typical all-in ownership cost of $705/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Medicine Lake K-12 Schools is $75k/year.

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What industries drive the economy in Medicine Lake K-12 Schools?

The largest employment sectors in Medicine Lake K-12 Schools are agriculture and mining (28%) and construction (27%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.