Living in Lincoln, Michigan
Cost of living, income, home prices, rent and demographics of Lincoln · Census data 2020–2024
Lincoln has 225 residents with a median age of 60.1. The median household income is $37,679 (48% lower than the Michigan median), the median home value is $125,000, the median rent is $732/month.
Lincoln is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lincoln at a glance
- Population
- 225
- Median age
- 60.1State: 40.2
- Median household income
- $37,679State: $72,875
- Median home value
- $125,000State: $231,600
- Median rent
- $732/moState: $1,129
- Homeowners
- 60.7%
- Bachelor's degree or higher
- 13.2%
- Average commute
- 13 min
Is Lincoln a good place to live?
Pros: Home values 46% lower than the state median; an average commute of 13 minutes.
Cons: Median household income 48% lower than the Michigan median; unemployment of 9.4%; a poverty rate of 28%.
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 $125,000, 62% lower than the U.S. median. Renters pay a median of $732 per month, which is 29.2% of household income. Homeowners with a mortgage pay $875 a month in housing costs.
Lincoln median household income
The median household income in Lincoln is $37,679 and the income per person is $44,352. 28% of residents live below the poverty line (Michigan: 13.2%).
Housing in Lincoln: homes for sale and rent
- Housing units
- 202
- Owner-occupied
- 60.7%
- Renter-occupied
- 39.3%
- Vacant
- 28.2%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 1.55
Lincoln demographics
- Population
- 225
- Median age
- 60.1
- Under 18
- 7.1%
- 65 and older
- 39.1%
- Households
- 145
- Foreign-born
- 0%
- Veterans
- 13.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Lincoln ›
Education in Lincoln
13.2% of adults 25 and older in Lincoln have a bachelor's degree or higher (Michigan: 32.4%), and 3.4% have a graduate or professional degree.
Jobs and commute in Lincoln
- Unemployment rate
- 9.4%State: 5.7%
- Average commute
- 13 minState: 24 min
- Work from home
- 6.4%
- Drive alone
- 74.5%
- Public transit
- 0%
- Walk to work
- 8.5%
- Homes with broadband
- 83.4%
Lincoln vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lincoln | 225 | $37,679 | $125,000 | $732 |
| Harrisville | 489 | $36,050 | $118,800 | $698 |
| Lost Lake Woods | 458 | $71,806 | $173,300 | — |
| Hubbard Lake | 944 | $70,568 | $304,800 | — |
| Ossineke | 1,019 | $59,583 | $159,200 | $718 |
| Oscoda | 654 | $46,801 | $86,500 | $522 |
| Au Sable | 1,643 | $42,431 | $113,600 | $915 |
| Alpena | 10,154 | $47,545 | $118,700 | $625 |
| East Tawas | 2,675 | $42,450 | $130,200 | $608 |
More for people moving to Lincoln
Lincoln ZIP code ›Weather and climate ›Living in Lincoln: FAQ
What is the median household income in Lincoln, MI?
The median household income in Lincoln is $37,679, 48% lower than the Michigan median of $72,875 (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 $125,000, compared with $231,600 in Michigan.
How much is rent in Lincoln?
The median gross rent in Lincoln is $732 per month, about 29.2% of household income.
Is Lincoln, MI a good place to live?
Pluses: home values 46% lower than the state median; an average commute of 13 minutes. Minuses: median household income 48% lower than the Michigan median; unemployment of 9.4%; a poverty rate of 28%.
What is the median age in Lincoln?
The median age in Lincoln is 60.1 years (Michigan: 40.2).
How long is the commute in Lincoln?
The average commute to work in Lincoln is 13 minutes; 6.4% of workers work from home.
What is the unemployment rate in Lincoln?
The unemployment rate in Lincoln is 9.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lincoln?
13.2% 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.
Last updated: