The town of Medicine Lake is located in the county of Sheridan. It covers a total area of 1.04 sq. km. Businesses related to auto painting and repair, auto body work, supplies of auto parts, car financing, supplies of swimming pool equipments and home building contribute to the local economy in a positive way. Commercial spaces are utilized by clubs, convenience stores, arts and crafts shops, brew pubs and hardware stores, enhance the financial viability of the city.