Lincoln, IA is a small city with a population of 50652. It offers residents an affordable cost of living, with 2 bedroom rent averaging just $720. This is significantly lower than the US average of $1,430. Additionally, groceries are much more affordable in Lincoln than in other parts of the country, with a Grocery Cost Index of 90 versus 100 in the US. The city is home to several local companies including Dakota Steel and Machine, Lincoln Manufacturing Inc., and Quality Care Services.
Lincoln (zip 50652) has an unemployment rate of 5.4%. The US average is 6.0%.
Lincoln (zip 50652) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Lincoln (zip 50652)
- The Sales Tax Rate for Lincoln (zip 50652) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lincoln (zip 50652) is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lincoln (zip 50652)
- The average income of a Lincoln (zip 50652) resident is $24,213 a year. The US average is $37,638 a year.
- The Median household income of a Lincoln (zip 50652) resident is $52,750 a year. The US average is $69,021 a year.