Zip 19960 (Lincoln, DE) Economy


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Lincoln, Delaware is a small town with an estimated population of 1,960 people located in New Castle County. The 2 bedroom rent here is $1,030 which is lower than the US average which is $1,430. The grocery cost index in this area is 106 versus 100 in the US average. Lincoln has many local businesses such as Keller Williams Realty Central Delaware, Sharp Solutions Tax Services LLC and Upstate Custom Homes Inc that offer various services and products for its residents. The overall cost of living in Lincoln is slightly higher than the US average but still considered to be quite affordable.

Lincoln (zip 19960) has an unemployment rate of 6.4%. The US average is 6.0%.

Lincoln (zip 19960) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.

Tax Rates for Lincoln (zip 19960)
- The Sales Tax Rate for Lincoln (zip 19960) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Lincoln (zip 19960) is 6.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Lincoln (zip 19960)
- The average income of a Lincoln (zip 19960) resident is $19,818 a year. The US average is $28,555 a year.
- The Median household income of a Lincoln (zip 19960) resident is $57,656 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLincoln, DelawareUnited States
  6.46
  -6.0%-6.2%
  37.5%33.5%
  0.0%6.2%
  5.6%4.6%
  $26,958$37,638
  $57,656$69,021
  $73,808$85,028
  Population by Occupation
  2.9%1.2%
  0.0%0.5%
  15.5%6.8%
  9.6%10.0%
  3.4%2.5%
  16.4%11.0%
  6.8%4.8%
  0.5%0.8%
  3.2%1.9%
  2.0%4.7%
  0.6%1.9%
  2.3%7.6%
  0.0%0.1%
  3.5%4.2%
  3.1%9.3%
  16.0%14.0%
  1.0%2.1%
  6.3%7.0%
  3.3%4.8%
  3.7%4.7%
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