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Lincoln, AR Real Estate


According to census data in the year 2000 there were 810 housing units in Lincoln. This represents a 19.6% growth from 677 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 810 were located in what is classified as a rural area.

Homeownership rate in Lincoln is about 63.7%. Lincoln's vacancy rate, including seasonal lodging, is about 8.9%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Lincoln were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom7.20%
Two Bedrooms34.30%
Three Bedrooms51.20%
Four Bedrooms5.10%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1971
Median Value of occupied units$70,500
Median Price asked for vacant units$56,100

Rented Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1976
Median Monthly Rent asked for vacant units$384

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.10%
Home Equity Loan1%
Simple Mortgage56%
Debt Free37.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%