Lincoln, IA
Population 88 · Iowa
About Lincoln, IA
Lincoln is a small community located in Iowa with a population of 88 residents according to the latest US Census Bureau American Community Survey data. The median household income is $56,875 per year, which is 24% below the national median of $75,149. The median age of 56.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Lincoln features a median home value of $102,900, which is 58% below the national median of $244,900. This makes Lincoln one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 68 total housing units, 86% are owner-occupied (37 units) and 14% are renter-occupied (6 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lincoln shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lincoln have an average one-way commute time of 19.9 minutes, one of the shorter commutes in the region.
Education & Demographics
10.5% of Lincoln residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.1% White, 4.5% Hispanic or Latino, 0.0% Black or African American, and 2.3% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Lincoln, IA
Compared to national averages, Lincoln has a median household income of $56,875 (24% below the national median of $75,149). Home values average $102,900, which is 58% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Lincoln's income is 16% below the state average of $67,947, and home values are 22% below the state median of $132,237.
Why Live in Lincoln, IA?
Lincoln offers affordable housing with a median home value of $102,900, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 5.7%, better than the national average, and short commute times averaging just 19.9 minutes.
Potential considerations include median household income ($56,875) that falls below the national average. However, Lincoln’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lincoln has a population of 88 with a median age of 56.4 years. Compare Lincoln with other cities to see how it stacks up, or explore all cities in Iowa.
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Economy & Education
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Lincoln
What is the population of Lincoln, IA?
The population of Lincoln, IA is 88 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Lincoln?
The median household income in Lincoln, IA is $56,875 per year, which is 24% below the national median of $75,149.
What is the median home value in Lincoln?
The median home value in Lincoln, IA is $102,900, which is 58% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lincoln?
The median monthly rent in Lincoln, IA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lincoln?
The unemployment rate in Lincoln, IA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lincoln, IA a good place to live?
Lincoln offers a moderate cost of living, affordable housing, and a strong job market. With a population of 88 and a median age of 56.4, the city appeals to established professionals and retirees.
How educated is Lincoln, IA?
10.5% of residents in Lincoln aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Lincoln?
Key cost-of-living indicators for Lincoln, IA: median home value is $102,900 (58% below national), median rent is $0/month, and median household income is $56,875. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lincoln?
The poverty rate in Lincoln, IA is 5.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lincoln, IA?
Lincoln's population is 1.1% White, 4.5% Hispanic or Latino, 0.0% Black or African American, 2.3% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.