Lincoln, NY is a small town located in Oneida County. It is a great place to live if you are looking for an affordable lifestyle. The average 2 bedroom rent in Lincoln is $1,050, which is significantly less than the US average of $1,430. Additionally, grocery costs are lower than the US average as well with a Grocery Cost Index of 98 versus 100 in the US.
Lincoln offers many amenities for residents to enjoy. There are several local businesses such as restaurants, shops, and more. For instance, there’s the Main Street Grill that has delicious burgers and fries. There’s also the popular Lincoln Cafe which serves traditional Italian dishes like pizza and pasta. Other attractions include parks and recreational centers like Shibley Park which offers tennis courts, playgrounds, and picnic areas for families to enjoy.
Lincoln has an unemployment rate of 6.3%. The US average is 6.0%.
Lincoln has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Lincoln
- The Sales Tax Rate for Lincoln is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Lincoln is 6.5%. 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 $28,140 a year. The US average is $28,555 a year.
- The Median household income of a Lincoln resident is $60,500 a year. The US average is $69,021 a year.