Lincoln City, IN (47552) is a great place to live. It has a strong economy, with major employers in the area such as Walmart, Lowe's, and Tyson Foods. The cost of living in Lincoln City is quite affordable; the average two-bedroom rent is $1,060 compared to the US average of $1,430. Additionally, groceries are particularly inexpensive due to a Grocery Cost Index of 94 versus 100 in many other parts of the country. All together these factors make Lincoln City an attractive place to call home for families and individuals alike looking for convenience and affordability.
Lincoln City (zip 47552) has an unemployment rate of 4.3%. The US average is 6.0%.
Lincoln City (zip 47552) has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.
Tax Rates for Lincoln City (zip 47552)
- The Sales Tax Rate for Lincoln City (zip 47552) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lincoln City (zip 47552) is 4.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lincoln City (zip 47552)
- The average income of a Lincoln City (zip 47552) resident is $252,035 a year. The US average is $37,638 a year.
- The Median household income of a Lincoln City (zip 47552) resident is $250,001 a year. The US average is $69,021 a year.