Living in Lincoln, Delaware
Cost of living, income, home prices, rent and demographics of Lincoln · Census data 2020–2024
Lincoln has 1,873 residents with a median age of 28.4. The median household income is $107,690 (27% higher than the Delaware median), the median home value is $262,100.
Lincoln at a glance
- Population
- 1,873
- Median age
- 28.4State: 41.6
- Median household income
- $107,690State: $84,954
- Median home value
- $262,100State: $352,000
- Homeowners
- 84.6%
- Bachelor's degree or higher
- 0%
- Average commute
- 29 min
Is Lincoln a good place to live?
Pros: Median household income 27% higher than the Delaware median; home values 26% lower than the state median; unemployment of 1.9%; a poverty rate of 0%.
Cons: An average commute of 29 minutes.
The weather is best in May–June and August–September.
Cost of living in Lincoln
Housing is the biggest part of the cost of living. In Lincoln the median home value is $262,100, 21% lower than the U.S. median. Renters pay a median of — per month, which is 9% of household income. Homeowners with a mortgage pay $1,355 a month in housing costs.
Lincoln median household income
The median household income in Lincoln is $107,690 and the income per person is $26,252. 0% of residents live below the poverty line (Delaware: 10.4%).
Housing in Lincoln: homes for sale and rent
- Housing units
- 428
- Owner-occupied
- 84.6%
- Renter-occupied
- 15.4%
- Vacant
- 7.2%Includes seasonal homes
- Median year built
- 1984
- Average household size
- 4.72
Lincoln demographics
- Population
- 1,873
- Median age
- 28.4
- Under 18
- 32.9%
- 65 and older
- 12%
- Households
- 397
- Foreign-born
- 1.9%
- Veterans
- 3.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Lincoln ›
Education in Lincoln
0% of adults 25 and older in Lincoln have a bachelor's degree or higher (Delaware: 35.8%), and 0% have a graduate or professional degree.
Jobs and commute in Lincoln
- Unemployment rate
- 1.9%State: 5.1%
- Average commute
- 29 minState: 26 min
- Work from home
- 0%
- Drive alone
- 99.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Lincoln vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lincoln | 1,873 | $107,690 | $262,100 | — |
| Milford | 12,803 | $59,464 | $296,900 | $1,260 |
| Ellendale | 760 | $65,250 | $269,500 | $878 |
| Houston | 456 | $68,889 | $310,900 | $867 |
| Slaughter Beach | 408 | $109,375 | $757,400 | — |
| Milton | 3,567 | $80,875 | $407,000 | $1,310 |
| Harrington | 3,838 | $72,679 | $221,900 | $1,277 |
| Greenwood | 1,564 | $73,345 | $252,200 | $1,316 |
| Frederica | 1,062 | $80,924 | $215,100 | $1,203 |
More for people moving to Lincoln
Lincoln ZIP code ›Weather and climate ›Living in Lincoln: FAQ
What is the median household income in Lincoln, DE?
The median household income in Lincoln is $107,690, 27% higher than the Delaware median of $84,954 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lincoln?
The median home value in Lincoln is $262,100, compared with $352,000 in Delaware.
Is Lincoln, DE a good place to live?
Pluses: median household income 27% higher than the Delaware median; home values 26% lower than the state median; unemployment of 1.9%; a poverty rate of 0%. Minuses: an average commute of 29 minutes.
What is the median age in Lincoln?
The median age in Lincoln is 28.4 years (Delaware: 41.6).
How long is the commute in Lincoln?
The average commute to work in Lincoln is 29 minutes; 0% of workers work from home.
What is the unemployment rate in Lincoln?
The unemployment rate in Lincoln is 1.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lincoln?
0% of adults in Lincoln have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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