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Lincoln, MI Housing

 
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As of 2010-2014, median price of a house in Lincoln is $72,900, which is much lower than the state average of $120,200 and is much lower than the national average of $175,700. The Lincoln median house value has grown by 14.26% since 2000. The growth rate for the price of a house in Lincoln is higher than the state average rate of 3.98% and is lower than the national average rate of 46.91%. The median year that a house in Lincoln was built is 1962, which is older than the median year for a house built in the state which is 1969 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 85 Owner Occupied Houses in Lincoln, MI, #510
Lincoln, MI
72,900 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #216
Lincoln, MI
14.26%
Michigan
3.98%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Lincoln, MIMichiganU.S.
Total Housing Units232, see rank, 100%4,532,719132,741,033
Occupied Housing Units160, 68.97%, see rank84.45%87.55%
Owner Occupied85, 36.64%, see rank60.41%56.34%
Renter Occupied75, 32.33%, see rank24.04%31.21%
Vacant Housing Units72, 31.03%, see rank15.55%12.45%
For Rent4, 1.72%, see rank1.84%2.34%
For Sale Only15, 6.47%, see rank1.40%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use46, 19.83%, see rank6.26%3.97%
For Migrant Workers0, 0.00%, see rank0.05%0.03%
Other Vacant7, 3.02%, see rank4.96%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #345
Lincoln, MIMichiganU.S.
196219691976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Lincoln, MI%MichiganU.S.
Owner-Occupied Units85100%2,738,01274,787,460
With a Mortgage4957.65%, see rank63.63%65.58%
Without a Mortgage3642.35%, see rank36.37%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Lincoln, MI
783 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsLincoln, MI%MichiganU.S.
$299 or Less00.00%, see rank0.19%0.20%
$300 to $49924.08%, see rank1.88%1.59%
$500 to $6992040.82%, see rank6.65%5.01%
$700 to $999918.37%, see rank19.56%14.32%
$1,000 to $1,4991530.61%, see rank34.69%27.90%
$1,500 to $1,99900.00%, see rank20.06%20.35%
$2,000 to $2,99936.12%, see rank12.84%19.52%
$3,000 or More00.00%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lincoln, MI
22.00% of the Total Income
Michigan
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Lincoln, MI%MichiganU.S.
10% or Less00.00%, see rank5.90%5.86%
10% to 20%2040.82%, see rank35.28%31.95%
20% to 30%1326.53%, see rank27.51%27.64%
30% to 40%510.20%, see rank12.63%13.74%
40% or More1020.41%, see rank18.20%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Lincoln, MI
250 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsLincoln, MI%MichiganU.S.
$199 or Less925.00%, see rank4.74%7.76%
$200 to $2991952.78%, see rank12.46%14.70%
$300 to $499616.67%, see rank40.41%34.63%
$500 to $69925.56%, see rank25.95%21.16%
$700 to $99900.00%, see rank0.00%0.00%
$1,000 or More00.00%, see rank0.00%0.00%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lincoln, MI
10.00% of the Total Income
Michigan
13.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Lincoln, MI%MichiganU.S.
10% or Less1850.00%, see rank35.33%40.19%
10% to 20%1233.33%, see rank33.76%31.47%
20% to 30%00.00%, see rank13.39%12.24%
30% to 40%25.56%, see rank6.18%5.64%
40% or More25.56%, see rank9.99%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Lincoln, MIMichiganU.S.
Total Housing Units232, 100%4,532,719132,741,033
1-unit, Detached170, 73.28%, see rank71.97%61.65%
1-unit, Attached1, 0.43%, see rank4.66%5.82%
2 Units0, 0.00%, see rank2.58%3.75%
3 or 4 Units12, 5.17%, see rank2.56%4.43%
5 to 9 Units0, 0.00%, see rank4.20%4.78%
10 or More Units36, 15.52%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.13, 5.60%, see rank5.45%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Lincoln, MIMichiganU.S.
Total Housing Units232, 100%4,532,719132,741,033
1 Room13, 5.60%, see rank1.24%1.95%
2 Rooms2, 0.86%, see rank1.78%2.48%
3 Rooms50, 21.55%, see rank7.14%9.13%
4 Rooms50, 21.55%, see rank14.38%16.60%
5 Rooms63, 27.16%, see rank21.00%20.41%
6 Rooms17, 7.33%, see rank20.07%18.06%
7 Rooms19, 8.19%, see rank13.45%12.27%
8 Rooms9, 3.88%, see rank9.27%8.48%
9 Rooms or More9, 3.88%, see rank11.67%10.60%
Median Rooms4.50, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Lincoln, MIMichiganU.S.
Total Housing Units232, 100%4,532,719132,741,033
No Bedroom13, 5.60%, see rank1.35%2.17%
1 Bedroom29, 12.50%, see rank9.11%11.16%
2 Bedrooms104, 44.83%, see rank26.33%26.69%
3 Bedrooms71, 30.60%, see rank43.93%39.70%
4 Bedrooms15, 6.47%, see rank15.80%16.05%
5 or More Bedrooms0, 0.00%, see rank3.47%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Lincoln, MIMichiganU.S.
Total Housing Units160, 100%3,827,880116,211,092
Utility Gas110, 68.75%, see rank77.13%48.85%
Bottled, Tank, or LP Gas0, 0.00%, see rank8.48%4.86%
Electricity39, 24.38%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.3, 1.88%, see rank1.40%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood8, 5.00%, see rank3.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.86%0.47%
No Fuel Used0, 0.00%, see rank0.39%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalLincoln, MIMichiganU.S.
Occupied Units Paying Rent67, 100%1,028,83539,201,928
$199 or Less5, 7.46%, see rank1.86%1.50%
$200 to $2991, 1.49%, see rank3.88%3.18%
$300 to $49932, 47.76%, see rank9.32%7.37%
$500 to $69921, 31.34%, see rank23.63%16.01%
$700 to $9996, 8.96%, see rank35.23%29.17%
$1,000 to $1,4992, 2.99%, see rank20.17%26.88%
$1,500 to $1,9990, 0.00%, see rank3.85%9.79%
$2,000 or More0, 0.00%, see rank2.06%6.10%
Median$475, see rank$780$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Lincoln, MIMichiganU.S.
Occupied Housing Units160, 100%3,827,880116,211,092
No Vehicles Available30, 18.75%, see rank7.97%9.12%
1 Vehicles Available79, 49.38%, see rank35.06%33.80%
2 Vehicles Available35, 21.88%, see rank38.45%37.48%
3 or More Vehicles Available16, 10.00%, see rank18.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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