Lincoln, MA is a small town located in Middlesex County with a population of just over 6,000 people. Residents here enjoy an array of outdoor activities such as hiking, biking and swimming in the nearby ponds. The median 2 bedroom rent is around $3,040 per month which is significantly higher than the average US rent of $1,430. Grocery costs are also higher than the national average with an index score of 117 compared to 100 in the US. Local businesses include Topside Tavern and Lincoln Pizza Company for dining out and Oak Hill Farm for buying fresh produce. Other popular stores in town include The Paper Store and White's Pharmacy.
Lincoln has an unemployment rate of 4.2%. The US average is 6.0%.
Lincoln has seen the job market increase by 4.1% over the last year. Future job growth over the next ten years is predicted to be 41.3%, which is higher than the US average of 33.5%.
Tax Rates for Lincoln
- The Sales Tax Rate for Lincoln is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Lincoln is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lincoln
- The average income of a Lincoln resident is $66,400 a year. The US average is $28,555 a year.
- The Median household income of a Lincoln resident is $145,833 a year. The US average is $69,021 a year.