According to statistics, the population in Lincoln, AL amounts to 6,544, which shows growth 2% compared to the previous year. The median age of the city’s residents is 43. The average household income is $58,182, shifting growth 11% from the past year, and the average property value in Lincoln, AL decline -4% to $120,800 throughout the year.
|Number Of Employees||3,217|
|Median Property Value||$120,800|
The average household income in Lincoln, AL grew from $52,388 to $58,182 in the past year. This data is an estimate based upon 2,448 households in Lincoln, AL . The chart below presents how household income is distributed in Lincoln, AL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Lincoln, AL shifted from $125,500 to $120,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Lincoln, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Lincoln, AL properties falls in the '$125,000 to $149,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lincoln, AL compared to median property taxes around the country. The prevalent amount of property taxes in Lincoln, AL equals $800, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$175,000||N/A|
|2 bed for sale||$243,266||N/A|
|3 bed for sale||$325,370||+13.9%|
|4+ bed for sale||$312,559||+32%|
During Aug 2022, the average price for an apartment in/near Lincoln, AL increased by 13.2% to $308,901.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $243,266. A 3-bed apartment goes for $325,370, it increased by 13.9% lately. We discerned the rise of 4- and more bed apartment price. It increased by 32% and made it up to $312,559.
|Listing Type||Aug||vs Last Month|
|Land for sale||$271,177||+47.7%|
|Houses for sale||$350,279||+19.5%|
|Apartments for sale||$175,000||N/A|
While assessing the property pricing Lincoln, AL, you can note that it remains flat with a price tag of $175,000. Price reports demonstrate that house price increased by 19.5% this month making it up to $350,279.