Living in Lincoln, Iowa
Cost of living, income, home prices, rent and demographics of Lincoln · Census data 2020–2024
Lincoln has 113 residents with a median age of 49.9. The median household income is $65,000 (13% lower than the Iowa median), the median home value is $97,800, the median rent is $1,000/month.
Lincoln is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lincoln at a glance
- Population
- 113
- Median age
- 49.9State: 38.6
- Median household income
- $65,000State: $75,059
- Median home value
- $97,800State: $208,000
- Median rent
- $1,000/moState: $972
- Homeowners
- 86.2%
- Bachelor's degree or higher
- 11.6%
- Average commute
- 27 min
Is Lincoln a good place to live?
Pros: Home values 53% lower than the state median; a poverty rate of 8.8%.
Cons: Median household income 13% lower than the Iowa median; an average commute of 27 minutes.
The weather is best in June to September.
Cost of living in Lincoln
Housing is the biggest part of the cost of living. In Lincoln the median home value is $97,800, 71% lower than the U.S. median. Renters pay a median of $1,000 per month, which is 51% of household income. Homeowners with a mortgage pay $833 a month in housing costs.
Lincoln median household income
The median household income in Lincoln is $65,000 and the income per person is $49,550. 8.8% of residents live below the poverty line (Iowa: 11.1%).
Housing in Lincoln: homes for sale and rent
- Housing units
- 82
- Owner-occupied
- 86.2%
- Renter-occupied
- 13.8%
- Vacant
- 29.3%Includes seasonal homes
- Median year built
- 1956
- Average household size
- 1.95
Lincoln demographics
- Population
- 113
- Median age
- 49.9
- Under 18
- 12.4%
- 65 and older
- 14.2%
- Households
- 58
- Foreign-born
- 0%
- Veterans
- 4%Adults 18+
Hispanic or Latino can be of any race. Population history of Lincoln ›
Education in Lincoln
11.6% of adults 25 and older in Lincoln have a bachelor's degree or higher (Iowa: 31.4%), and 6.3% have a graduate or professional degree.
Jobs and commute in Lincoln
- Unemployment rate
- 0%State: 3.6%
- Average commute
- 27 minState: 20 min
- Work from home
- 13.2%
- Drive alone
- 76.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 77.6%
Lincoln vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lincoln | 113 | $65,000 | $97,800 | $1,000 |
| Gladbrook | 992 | $70,125 | $125,200 | $844 |
| Reinbeck | 1,715 | $86,797 | $165,000 | $747 |
| Beaman | 125 | $80,000 | $96,700 | $785 |
| Grundy Center | 2,809 | $80,357 | $177,900 | — |
| Conrad | 1,191 | $73,292 | $164,700 | $840 |
| Holland | 327 | $72,788 | $125,000 | $1,087 |
| Garwin | 571 | $55,714 | $87,600 | $750 |
| Traer | 1,519 | $76,406 | $151,900 | $971 |
More for people moving to Lincoln
Lincoln ZIP code ›Weather and climate ›Living in Lincoln: FAQ
What is the median household income in Lincoln, IA?
The median household income in Lincoln is $65,000, 13% lower than the Iowa median of $75,059 (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 $97,800, compared with $208,000 in Iowa.
How much is rent in Lincoln?
The median gross rent in Lincoln is $1,000 per month, about 51% of household income.
Is Lincoln, IA a good place to live?
Pluses: home values 53% lower than the state median; a poverty rate of 8.8%. Minuses: median household income 13% lower than the Iowa median; an average commute of 27 minutes.
What is the median age in Lincoln?
The median age in Lincoln is 49.9 years (Iowa: 38.6).
How long is the commute in Lincoln?
The average commute to work in Lincoln is 27 minutes; 13.2% of workers work from home.
What is the unemployment rate in Lincoln?
The unemployment rate in Lincoln is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lincoln?
11.6% 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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