Living in Lincoln, Massachusetts
Cost of living, income, home prices, rent and demographics of Lincoln · Census data 2020–2024
Lincoln has 6,948 residents with a median age of 42.3. The median household income is $175,117 (68% higher than the Massachusetts median), the median home value is $1,208,200, the median rent is $3,168/month.
Lincoln at a glance
- Population
- 6,948
- Median age
- 42.3State: 40
- Median household income
- $175,117State: $103,960
- Median home value
- $1,208,200State: $562,100
- Median rent
- $3,168/moState: $1,762
- Homeowners
- 57.3%
- Bachelor's degree or higher
- 76.2%
- Average commute
- 26 min
Is Lincoln a good place to live?
Pros: Median household income 68% higher than the Massachusetts median; an average commute of 26 minutes; unemployment of 2.2%; a poverty rate of 2.3%.
Cons: Home values 115% higher than the state median.
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 $1,208,200, 263% higher than the U.S. median. Renters pay a median of $3,168 per month, which is 39.8% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Lincoln median household income
The median household income in Lincoln is $175,117 and the income per person is $105,678. 2.3% of residents live below the poverty line (Massachusetts: 10%).
Housing in Lincoln: homes for sale and rent
- Housing units
- 2,880
- Owner-occupied
- 57.3%
- Renter-occupied
- 42.7%
- Vacant
- 6.5%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.50
Lincoln demographics
- Population
- 6,948
- Median age
- 42.3
- Under 18
- 24.3%
- 65 and older
- 21.7%
- Households
- 2,693
- Foreign-born
- 14.5%
- Veterans
- 7.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Lincoln ›
Education in Lincoln
76.2% of adults 25 and older in Lincoln have a bachelor's degree or higher (Massachusetts: 47.3%), and 49.1% have a graduate or professional degree.
Jobs and commute in Lincoln
- Unemployment rate
- 2.2%State: 5.2%
- Average commute
- 26 minState: 29 min
- Work from home
- 34.2%
- Drive alone
- 60.2%
- Public transit
- 1.9%
- Walk to work
- 0.1%
- Homes with broadband
- 99.4%
Lincoln vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lincoln | 6,948 | $175,117 | $1,208,200 | $3,168 |
| Hanscom AFB | 2,110 | $104,688 | — | $3,408 |
| Concord | 18,223 | $195,350 | $1,210,000 | $2,631 |
| Waltham | 64,902 | $120,216 | $748,700 | $2,268 |
| Lexington | 34,295 | $238,444 | $1,203,100 | $2,891 |
| Weston | 11,579 | $250,001 | $1,694,400 | $2,085 |
| West Concord | 5,876 | $183,228 | $904,200 | $2,675 |
| Wayland | 13,914 | $224,000 | $978,400 | $1,475 |
| Bedford | 14,727 | $172,400 | $898,500 | $2,622 |
More for people moving to Lincoln
Lincoln ZIP code ›Weather and climate ›Living in Lincoln: FAQ
What is the median household income in Lincoln, MA?
The median household income in Lincoln is $175,117, 68% higher than the Massachusetts median of $103,960 (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 $1,208,200, compared with $562,100 in Massachusetts.
How much is rent in Lincoln?
The median gross rent in Lincoln is $3,168 per month, about 39.8% of household income.
Is Lincoln, MA a good place to live?
Pluses: median household income 68% higher than the Massachusetts median; an average commute of 26 minutes; unemployment of 2.2%; a poverty rate of 2.3%. Minuses: home values 115% higher than the state median.
What is the median age in Lincoln?
The median age in Lincoln is 42.3 years (Massachusetts: 40).
How long is the commute in Lincoln?
The average commute to work in Lincoln is 26 minutes; 34.2% of workers work from home.
What is the unemployment rate in Lincoln?
The unemployment rate in Lincoln is 2.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lincoln?
76.2% 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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