Meds are kept in our master bathroom in a cupboard that is higher up on the wall. I am the only one with a regular prescription and it's in there. We do keep tylenol and infant tylenol in a high cupboard in the kitchen so we have a pain reliever on each floor of the house. The boys' vitamins are in the kitchen as they take it in the morning. My vitamins are in our bathroom b/c I take them at night.
I organized when we moved to our new house. At the old house, we had meds in our bedroom, in each bathroom, in the kitchen, etc. Now, our master bath and a pain reliever in the kitchen. Probably safer with small boys to keept things centralized and paid closer attention to.