Living in Lincoln, Rhode Island
Cost of living, income, home prices, rent and demographics of Lincoln · Census data 2020–2024
Lincoln has 22,864 residents with a median age of 43.7. The median household income is $104,821 (19% higher than the Rhode Island median), the median home value is $450,600, the median rent is $1,468/month.
Lincoln at a glance
- Population
- 22,864
- Median age
- 43.7State: 40.6
- Median household income
- $104,821State: $87,796
- Median home value
- $450,600State: $404,200
- Median rent
- $1,468/moState: $1,342
- Homeowners
- 72.1%
- Bachelor's degree or higher
- 45.9%
- Average commute
- 24 min
Is Lincoln a good place to live?
Pros: Median household income 19% higher than the Rhode Island median; an average commute of 24 minutes; a poverty rate of 7.4%.
Cons: Home values 11% higher than the state median; unemployment of 7.3%.
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 $450,600, 35% higher than the U.S. median. Renters pay a median of $1,468 per month, which is 26.4% of household income. Homeowners with a mortgage pay $2,368 a month in housing costs.
Lincoln median household income
The median household income in Lincoln is $104,821 and the income per person is $52,095. 7.4% of residents live below the poverty line (Rhode Island: 11.2%).
Housing in Lincoln: homes for sale and rent
- Housing units
- 9,006
- Owner-occupied
- 72.1%
- Renter-occupied
- 27.9%
- Vacant
- 2.3%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 2.57
Lincoln demographics
- Population
- 22,864
- Median age
- 43.7
- Under 18
- 21.5%
- 65 and older
- 24%
- Households
- 8,795
- Foreign-born
- 11.2%
- Veterans
- 5.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Lincoln ›
Education in Lincoln
45.9% of adults 25 and older in Lincoln have a bachelor's degree or higher (Rhode Island: 37.7%), and 17.7% have a graduate or professional degree.
Jobs and commute in Lincoln
- Unemployment rate
- 7.3%State: 5.8%
- Average commute
- 24 minState: 26 min
- Work from home
- 13.3%
- Drive alone
- 79.3%
- Public transit
- 1%
- Walk to work
- 0.3%
- Homes with broadband
- 91.1%
Lincoln vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lincoln | 22,864 | $104,821 | $450,600 | $1,468 |
| Valley Falls | 12,657 | $92,901 | $375,200 | $1,362 |
| Central Falls | 22,701 | $49,285 | $352,100 | $1,200 |
| North Providence | 34,293 | $83,756 | $355,900 | $1,405 |
| Cumberland | 36,820 | $117,522 | $431,000 | $1,379 |
| Cumberland Hill | 8,648 | $130,506 | $394,300 | $1,310 |
| Smithfield | 22,233 | $102,077 | $446,400 | $1,016 |
| Pawtucket | 75,893 | $68,310 | $325,500 | $1,208 |
| Greenville | 8,296 | $97,234 | $434,700 | $1,264 |
More for people moving to Lincoln
Lincoln ZIP code ›Weather and climate ›Living in Lincoln: FAQ
What is the median household income in Lincoln, RI?
The median household income in Lincoln is $104,821, 19% higher than the Rhode Island median of $87,796 (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 $450,600, compared with $404,200 in Rhode Island.
How much is rent in Lincoln?
The median gross rent in Lincoln is $1,468 per month, about 26.4% of household income.
Is Lincoln, RI a good place to live?
Pluses: median household income 19% higher than the Rhode Island median; an average commute of 24 minutes; a poverty rate of 7.4%. Minuses: home values 11% higher than the state median; unemployment of 7.3%.
What is the median age in Lincoln?
The median age in Lincoln is 43.7 years (Rhode Island: 40.6).
How long is the commute in Lincoln?
The average commute to work in Lincoln is 24 minutes; 13.3% of workers work from home.
What is the unemployment rate in Lincoln?
The unemployment rate in Lincoln is 7.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lincoln?
45.9% 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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