Living in Lincoln, Nebraska
Cost of living, income, home prices, rent and demographics of Lincoln · Census data 2020–2024
Lincoln has 294,856 residents with a median age of 33.4. The median household income is $71,867 (6% lower than the Nebraska median), the median home value is $264,000, the median rent is $1,086/month.
Lincoln at a glance
- Population
- 294,856
- Median age
- 33.4State: 37.2
- Median household income
- $71,867State: $76,475
- Median home value
- $264,000State: $238,600
- Median rent
- $1,086/moState: $1,072
- Homeowners
- 56.1%
- Bachelor's degree or higher
- 41.8%
- Average commute
- 18 min
Is Lincoln a good place to live?
Pros: An average commute of 18 minutes.
Cons: Median household income 6% lower than the Nebraska median; home values 11% higher than the state median; unemployment of 3.3%; a poverty rate of 12.7%.
The weather is best in May–June and September–October.
Cost of living in Lincoln
Housing is the biggest part of the cost of living. In Lincoln the median home value is $264,000, 21% lower than the U.S. median. Renters pay a median of $1,086 per month, which is 28.9% of household income. Homeowners with a mortgage pay $1,697 a month in housing costs.
Lincoln median household income
The median household income in Lincoln is $71,867 and the income per person is $39,672. 12.7% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Lincoln: homes for sale and rent
- Housing units
- 128,449
- Owner-occupied
- 56.1%
- Renter-occupied
- 43.9%
- Vacant
- 4.5%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 2.30
Lincoln demographics
- Population
- 294,856
- Median age
- 33.4
- Under 18
- 21.9%
- 65 and older
- 14.8%
- Households
- 122,623
- Foreign-born
- 9.4%
- Veterans
- 5.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Lincoln ›
Education in Lincoln
41.8% of adults 25 and older in Lincoln have a bachelor's degree or higher (Nebraska: 34.6%), and 15.3% have a graduate or professional degree.
Jobs and commute in Lincoln
- Unemployment rate
- 3.3%State: 3%
- Average commute
- 18 minState: 19 min
- Work from home
- 11.4%
- Drive alone
- 73.9%
- Public transit
- 0.8%
- Walk to work
- 3.5%
- Homes with broadband
- 92.7%
Lincoln vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lincoln | 294,856 | $71,867 | $264,000 | $1,086 |
| Yankee Hill | 250 | $71,597 | $284,200 | — |
| Walton | 579 | $48,088 | $464,000 | — |
| Waverly | 4,440 | $111,632 | $316,600 | $1,076 |
| Denton | 145 | $57,250 | $247,900 | $878 |
| Roca | 242 | $100,000 | $231,300 | $1,125 |
| Raymond | 187 | $99,107 | $193,300 | $770 |
| Davey | 117 | $109,375 | $230,700 | — |
| Malcolm | 480 | $85,625 | $263,200 | $911 |
More for people moving to Lincoln
Lincoln ZIP code ›Weather and climate ›Living in Lincoln: FAQ
What is the median household income in Lincoln, NE?
The median household income in Lincoln is $71,867, 6% lower than the Nebraska median of $76,475 (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 $264,000, compared with $238,600 in Nebraska.
How much is rent in Lincoln?
The median gross rent in Lincoln is $1,086 per month, about 28.9% of household income.
Is Lincoln, NE a good place to live?
Pluses: an average commute of 18 minutes. Minuses: median household income 6% lower than the Nebraska median; home values 11% higher than the state median; unemployment of 3.3%; a poverty rate of 12.7%.
What is the median age in Lincoln?
The median age in Lincoln is 33.4 years (Nebraska: 37.2).
How long is the commute in Lincoln?
The average commute to work in Lincoln is 18 minutes; 11.4% of workers work from home.
What is the unemployment rate in Lincoln?
The unemployment rate in Lincoln is 3.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lincoln?
41.8% 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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