Lincoln, AL is a small town with a population of around 3,500. The median 2 bedroom rent in this town is $930, which is significantly lower than the national average of $1,430. Grocery costs are also cheaper in Lincoln than the rest of the country with an index rating of 93 versus 100 in other states. This affordability makes Lincoln an attractive option for those looking to move to Alabama. Local businesses include M&S Furniture & Appliances, Franklin Animal Hospital, and Weigel’s Automotive Center. With its affordable housing prices and low cost of living, Lincoln has become an increasingly popular destination for young professionals and families alike.
Lincoln (zip 35096) has an unemployment rate of 3.9%. The US average is 6.0%.
Lincoln (zip 35096) has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.
Tax Rates for Lincoln (zip 35096)
- The Sales Tax Rate for Lincoln (zip 35096) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Lincoln (zip 35096) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lincoln (zip 35096)
- The average income of a Lincoln (zip 35096) resident is $27,635 a year. The US average is $37,638 a year.
- The Median household income of a Lincoln (zip 35096) resident is $63,582 a year. The US average is $69,021 a year.