Lincoln, NH is a small town located in the White Mountains region of New Hampshire. It's known for its outdoorsy activities, including skiing, snowshoeing, and hiking. According to data from Zillow, 2 bedroom rent in Lincoln is $1,360 which is lower than the national average of $1,430. The Grocery Cost Index in Lincoln is 107 versus 100 in the US.
Living in Lincoln has its advantages such as moderate housing costs, proximity to the great outdoors with plenty of recreational activities all year round. Furthermore, it has some local companies like Loon Mountain Resort and Goggin’s Ice Creamery that offer employment opportunities for locals and draw tourists to explore the area. On the downside, due to its smaller population size there are fewer career options available compared to larger cities and many amenities are limited. It also experiences colder temperatures during winter months than other parts of the country making it a less desirable destination for those who prefers warmer climates.
Lincoln has an unemployment rate of 5.1%. The US average is 6.0%.
Lincoln has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 31.3%, which is lower than the US average of 33.5%.
Tax Rates for Lincoln
- The Sales Tax Rate for Lincoln is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Lincoln is 0.0%. 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 $25,528 a year. The US average is $28,555 a year.
- The Median household income of a Lincoln resident is $58,917 a year. The US average is $69,021 a year.