Counties › North Carolina

Cost of Living in Lincoln County, NC

Population 92,716 · Census ACS 2020–2024 5-year estimates

Median rent$1,015
Median home value$321,000
Median household income$80,016

The median rent in Lincoln County, NC is $1,015/month, 17% lower than the North Carolina median and 28% lower than the U.S. median. The median home value is $321,000, 4% lower than the national median. Households earn a median of $80,016 a year, 11% higher than the state median.

Affordability

Rent as a share of median income: 15.2%
Income needed for median rent (30% rule): $40,600/yr
Home price-to-income ratio: 4.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,623/mo

Run your own numbers: mortgage calculator · hourly to salary

Lincoln County vs. North Carolina vs. U.S.

Lincoln CountyNorth CarolinaU.S.
Median rent$1,015$1,228$1,413
Median home value$321,000$288,900$332,700
Median household income$80,016$72,388$80,734
Homeownership rate78.9%66.6%65.2%
Bachelor's degree or higher28.3%35.7%35.7%
Poverty rate11.2%13.0%12.5%
Unemployment rate3.3%4.7%5.2%
Work from home14.3%16.3%15.1%
Median age44.439.138.9

FAQ

What is the average rent in Lincoln County, NC?

The median gross rent in Lincoln County, NC is $1,015 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Lincoln County, NC?

Using the common 30% rule, renting a median-priced home takes about $40,600 a year in gross income.

Is Lincoln County, NC expensive to live in?

Rent there is 28% lower than the U.S. median, and the median home costs about 4.0 times the median household income.

Other counties in North Carolina

Wake County, NCRent $1,623 · Income $105,768Mecklenburg County, NCRent $1,627 · Income $87,005Guilford County, NCRent $1,163 · Income $68,642Forsyth County, NCRent $1,098 · Income $67,165Cumberland County, NCRent $1,222 · Income $61,291Durham County, NCRent $1,508 · Income $82,316

Counties with a similar cost of living

McLean County, ILRent $1,009 · Income $79,905Sauk County, WIRent $1,018 · Income $79,541Carlton County, MNRent $1,009 · Income $80,573Clay County, MNRent $1,019 · Income $81,172Brown County, WIRent $1,031 · Income $79,649Floyd County, INRent $1,036 · Income $79,704

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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