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Lincoln, ME Real Estate


According to census data in the year 2000 there were 1,307 housing units in Lincoln. This represents a 10.1% decline from 1,454 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,307 were located in what is classified as a rural area.

Homeownership rate in Lincoln is about 70.5%. Lincoln's vacancy rate, including seasonal lodging, is about 9.2%. Average household size is 2.3 people.

The majority of houses, apartments or condos in Lincoln were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom10.20%
Two Bedrooms28.90%
Three Bedrooms44.80%
Four Bedrooms12%
Five Bedrooms or more3.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1955
Median Value of occupied units$64,500
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1960
Median Monthly Rent asked for vacant units$346

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.30%
Home Equity Loan5.30%
Simple Mortgage46.20%
Debt Free46.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%