Lincoln Park, Michigan is an ideal place to live for those seeking an affordable lifestyle. The average 2 bedroom rent in Lincoln Park is $1,030, which is significantly lower than the national average of $1,430. This affordability extends to other aspects of life as well with the Grocery Cost Index rating at 91 versus 100 in the US.
Lincoln Park offers a slew of local companies and attractions to explore and enjoy. Some of these include Lincoln Park Diner, Riverside Kayak Connection, Chubby's Pizza & Grinders, Buddy's Pizza, and Fort St Beer Garden. Those looking for outdoor activities can visit Fort Wayne State Park or Bishop Park where there are plenty of trails for hiking or biking along the river. There are also many art galleries and museums such as the International Gallery of Modern Art and the Ford-MacNichol Home Museum. All these amenities make Lincoln Park an attractive destination for potential residents looking for an affordable lifestyle without sacrificing fun activities or job prospects.
Lincoln Park has an unemployment rate of 4.3%. The US average is 6.0%.
Lincoln Park has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.
Tax Rates for Lincoln Park
- The Sales Tax Rate for Lincoln Park is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lincoln Park is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lincoln Park
- The average income of a Lincoln Park resident is $19,681 a year. The US average is $28,555 a year.
- The Median household income of a Lincoln Park resident is $49,794 a year. The US average is $69,021 a year.