Cost of Living in Lincoln County, North Carolina

$977/mo
Median Monthly Rent
$279,500
Median Home Value
4% above state averageUnaffordable

At a Glance

Median Monthly Rent
$977/mo
4% above state average
Median Home Value
$279,500
1% below national
Rent-to-Income Ratio
26.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Lincoln County Compares

Median monthly rent comparison

Lincoln County$977/mo
North Carolina Average$938/mo
National Median$1,163/mo

Detailed Housing Stats

$977/mo
Median Gross Rent
$279,500
Median Home Value
$1,023/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Lincoln County, North Carolina

Lincoln leads the state in affordability balance

Lincoln renters spend just 14.9% of income on housing—well below the national median of 18.6%—while earning a median household income of $78,490 that exceeds the national average of $74,755. This rare combination creates one of the nation's most favorable affordability environments.

Lincoln ranks among the state's best values

Lincoln's 14.9% rent-to-income ratio places it near the top of North Carolina's most affordable counties, beating the state average of 18.6% by a substantial margin. Strong incomes combined with moderate $977 rents deliver financial flexibility across the county.

Lincoln outaffordability most nearby counties decisively

Lincoln's 14.9% rent-to-income ratio beats all nearby competitors except Johnston County (15.1%), placing it second-best in the region. The combination of good incomes and reasonable rents makes Lincoln one of the region's safest housing markets.

Strong income supports both housing options

Lincoln renters pay $977 monthly while homeowners pay $1,023 on a median income of $78,490, with median home values of $279,500 remaining accessible. Both housing options consume well under 20% of income, allowing residents substantial financial latitude.

Lincoln delivers prosperity with affordability

If you want to relocate somewhere that balances affordable housing with strong incomes, Lincoln County ranks among your best North Carolina options. The combination of reasonable rents, manageable home prices, and solid job-market wages makes it an ideal choice for families prioritizing financial stability.

Affordability Calculator

See how your income compares to housing costs in Lincoln County

$

Rent Burden

14.9%

of gross income

Max Housing (28% Rule)

$1,831

per month

Owner Cost Burden

15.6%

of gross income

The median home in Lincoln County may be a stretch

Median home value is $279,500. Estimated monthly cost: $2,231 vs. your max of $1,831.

Rent Affordability Guide

Your rent-to-income ratio14.9%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Lincoln County, North Carolina?
Lincoln County, North Carolina has a median monthly rent of $977/mo and a median home value of $279,500. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Lincoln County?
The median gross rent in Lincoln County is $977/mo. This is 4% above state average for North Carolina.
Is Lincoln County affordable?
Lincoln County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Lincoln County's rent compare to the state average?
Lincoln County's median rent of $977/mo is 4% above state average of $938/mo for North Carolina.
What is the median home value in Lincoln County?
The median home value in Lincoln County, North Carolina is $279,500. This is 1% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.