Medical Lake
Medical Lake city, Washington
Medical Lake is a hidden gem nestled in the heart of Washington State, offering a refreshing alternative to the hustle and bustle of larger cities. Imagine a lifestyle where community thrives, and a sense of belonging is readily found. This charming town boasts a population of just under 5,000 residents, fostering a close-knit atmosphere where neighbors know each other. The real draw? Affordability. With a median home value of around $280,000, significantly below the national average, your dream of homeownership is within reach. Coupled with a median household income of approximately $73,500, residents enjoy a comfortable standard of living without breaking the bank.
From an investment perspective, Medical Lake presents a compelling opportunity. The housing market is stable, with properties offering excellent value for money. While specific unemployment figures are unavailable, the town's proximity to Spokane and Fairchild Air Force Base provides ample employment opportunities. Safety is a priority here, with crime rates notably lower than the national average, making it an ideal place to raise a family or enjoy a peaceful retirement. Medical Lake is best suited for those seeking a slower pace of life, a strong sense of community, and the financial freedom that comes with affordable living. It's a place where you can truly put down roots and build a fulfilling life.
Medical Lake, Washington at a Glance
Medical Lake is a city in Medical Lake city, Washington with a population of approximately 4,909. The median home value is $279,500 and the median household income is $73,456.. The violent crime rate is 0.1 per 1,000 residents, which is 97% below the national average.. Median rent is $729 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$279,500
Median Income
$73,456
Population
4,909
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Excellent
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- Population
- 4,909
- Median Age
- N/A
- Median Household Income
- $73,456
Near nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 6.9%
44% below nat'l avg
- Median Home Value
- $279,500
Near nat'l avg
- Median Rent
- $729
37% below nat'l avg
- Homeownership Rate
- 71.4%
8% above nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 0.1 per 1K
97% below nat'l avg
- Property Crime Rate
- 37.0 per 1K
95% above nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 4.5%
22% above nat'l avg
- Poverty Rate
- 6.9%
44% below nat'l avg
Political Landscape
→ Politically stable
Based on King County county-level presidential election data
Culture & Things to Do in Medical Lake
Medical Lake Founders Day
Annual celebration with a parade, vendors, and family activities.
Medical Lake Summer Concert Series
Free outdoor concerts throughout the summer at various locations.
Medical Lake Car Show
Annual car show featuring classic and custom vehicles.
Medical Lake Christmas Tree Lighting
Community event to celebrate the holiday season.
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