Medicine Lake, MT is an unincorporated community located in Sheridan County. It has a total area of 0.7 square miles and no population count. However, Medicine Lake is an amazing place to visit and live due to its excellent natural beauty and plentiful outdoor activities. According to Bestplaces, Medicine Lake receives high rankings in several categories, including cost of living, education, employment, housing market, health care and quality of life. The cost of living index for this small town is 77.2 which is lower than the national average of 100. In terms of educational opportunities, Medicine Lake ranks very well with an A+ rating for public schools as well as a 91 rating for higher education institutions. Employment options are also quite attractive in the area with an unemployment rate sitting at 3%, significantly lower than the US average of 4%. The housing market in Medicine Lake offers great value with a median home value of $157,600 and a median rent price sitting at $683/month. Lastly, one can enjoy top-notch health care facilities and services as well as a high quality of life with access to recreational activities such as boating or hunting in the nearby national park areas..
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