Cost of Living in Lincoln Park, MI
Population 39,257 · Census ACS 2020–2024 5-year estimates
The median rent in Lincoln Park, MI is $1,023/month, 9% lower than the Michigan median and 28% lower than the U.S. median. The median home value is $131,000, 61% lower than the national median. Households earn a median of $58,616 a year, 20% lower than the state median.
Affordability
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Lincoln Park vs. Michigan vs. U.S.
| Lincoln Park | Michigan | U.S. | |
|---|---|---|---|
| Median rent | $1,023 | $1,129 | $1,413 |
| Median home value | $131,000 | $231,600 | $332,700 |
| Median household income | $58,616 | $72,875 | $80,734 |
| Homeownership rate | 68.8% | 73.2% | 65.2% |
| Bachelor's degree or higher | 11.5% | 32.4% | 35.7% |
| Poverty rate | 21.5% | 13.2% | 12.5% |
| Unemployment rate | 8.4% | 5.7% | 5.2% |
| Work from home | 7.7% | 13.5% | 15.1% |
| Median age | 35.2 | 40.2 | 38.9 |
FAQ
What is the average rent in Lincoln Park, MI?
The median gross rent in Lincoln Park, MI is $1,023 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Lincoln Park, MI?
Using the common 30% rule, renting a median-priced home takes about $40,920 a year in gross income.
Is Lincoln Park, MI expensive to live in?
Rent there is 28% lower than the U.S. median, and the median home costs about 2.2 times the median household income.
Other cities in Michigan
Cities with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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