Lincoln Village, OH Economy


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Lincoln Village, OH is a small city located in the midwest with a population of around 10,000 people. It's an affordable place to live, as 2 bedroom rent averages at $1,130 compared to $1,430 nationally. Grocery costs in Lincoln Village are also lower than the national average with an index of 96.
The city has plenty to offer for residents and visitors alike. Local companies include the Lincoln Village Library, Intercity Packaging Corporation, Lincoln Village Senior Center and the village-run Lincoln Village Clinic. Popular attractions include Wolf Creek Park, which offers biking trails and playgrounds plus a lake for fishing; The Village Art Gallery showcases local talent; and nearby Indian Lake provides boating activities.

Lincoln Village has an unemployment rate of 5.5%. The US average is 6.0%.

Lincoln Village 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 34.0%, which is higher than the US average of 33.5%.

Tax Rates for Lincoln Village
- The Sales Tax Rate for Lincoln Village is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Lincoln Village is 3.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Lincoln Village
- The average income of a Lincoln Village resident is $27,271 a year. The US average is $37,638 a year.
- The Median household income of a Lincoln Village resident is $51,100 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLincoln Village, OhioUnited States
  5.56
  -3.5%-6.2%
  34.0%33.5%
  7.5%6.2%
  3.5%4.6%
  $27,271$37,638
  $51,100$69,021
  $58,542$85,028
  Population by Occupation
  0.2%1.2%
  0.5%0.5%
  8.8%6.8%
  10.4%10.0%
  3.9%2.5%
  18.9%11.0%
  5.8%4.8%
  0.2%0.8%
  3.8%1.9%
  3.5%4.7%
  1.5%1.9%
  5.1%7.6%
  0.0%0.1%
  5.7%4.2%
  3.3%9.3%
  5.8%14.0%
  1.9%2.1%
  5.8%7.0%
  12.1%4.8%
  2.9%4.7%
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