Lincoln, TX (78948) is a small town located in central Texas with a population of about 1000 people. It is known for its close-knit community, beautiful scenery, and local businesses. The average rent for a two bedroom apartment in Lincoln is $950 per month, which is significantly less expensive than the US average of $1,430 per month. Additionally, the grocery cost index in Lincoln is 92 compared to 100 in the US. This makes Lincoln a great affordable option compared to other cities. Businesses such as Two Rivers Hardware Store and Country Craftsmen have been around since the town's foundation and still serve customers today. For those who are looking for a quiet and affordable place to call home, Lincoln offers an ideal location.
Lincoln (zip 78948) has an unemployment rate of 5.3%. The US average is 6.0%.
Lincoln (zip 78948) has seen the job market decrease by -11.7% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.
Tax Rates for Lincoln (zip 78948)
- The Sales Tax Rate for Lincoln (zip 78948) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Lincoln (zip 78948) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lincoln (zip 78948)
- The average income of a Lincoln (zip 78948) resident is $23,603 a year. The US average is $37,638 a year.
- The Median household income of a Lincoln (zip 78948) resident is $0 a year. The US average is $69,021 a year.