141st most affordable of 199 in Metro Detroit
Cost of Living in Lincoln Park, MI
A typical home in Lincoln Park costs about $1,096 a month, 22.4% of the median household income of $58,616. That makes Lincoln Park the 24th most affordable of 42 places in Wayne County and 141st of 199 across Metro Detroit.
- Median rent a month
- $1,023
- Median home value
- $131,000
- Owner cost with a mortgage
- $1,169
- Of income on housing
- 22.4%
Lincoln Park against Wayne County and the metro
| Census median | Lincoln Park | Wayne County | Metro Detroit |
|---|---|---|---|
| Median rent (monthly) | $1,023 | $1,132 | $1,207 |
| Median home value | $131,000 | $178,500 | $249,700 |
| Owner cost with a mortgage (monthly) | $1,169 | $1,556 | $1,720 |
| Median household income (yearly) | $58,616 | $60,539 | $76,664 |
| Share of income on housing | 22.4% | 26.6% | 22.9% |
Ranked 24th most affordable of 42 in Wayne County. See all 42.
Cost of living near Lincoln Park
The towns around Lincoln Park, each with its own page.
- Detroit Rent $1,074 · Home $83,900 197th most affordable in the metro
- Wyandotte Rent $972 · Home $166,900 74th most affordable in the metro
- Southgate Rent $1,120 · Home $173,600 155th most affordable in the metro
- Allen Park Rent $1,246 · Home $183,700 87th most affordable in the metro
- Ecorse Rent $840 · Home $65,400 188th most affordable in the metro
- Melvindale Rent $1,110 · Home $125,800 194th most affordable in the metro
- River Rouge Rent $839 · Home $65,100 187th most affordable in the metro
- Taylor Rent $1,101 · Home $152,600 152nd most affordable in the metro
Living in Lincoln Park
- Homes for sale in Lincoln Park Listings and off-market deals
- Rentals in Lincoln Park Houses and apartments for rent
- Lincoln Park neighborhoods Every neighborhood on a map
- Lincoln Park crime rate From Lincoln Park's own police reports
- Cost of living in Wayne County Every town in the county, ranked
- Most affordable cities in Metro Detroit All six counties, ranked
- Lincoln Park city guide Pros, homes and city services
Lincoln Park cost of living questions
5 questions
Is Lincoln Park, MI expensive to live in?
A typical home in Lincoln Park takes 22.4% of the median household income, against 22.9% across Metro Detroit, which ranks it 141st most affordable of 199 places.
What is the average rent in Lincoln Park?
The median gross rent is $1,023 a month, rent plus the utilities the renter pays, 15% below the metro.
How much does a house cost in Lincoln Park?
Owners put the median home value at $131,000, 48% below the metro. With a mortgage, the median owner pays $1,169 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Lincoln Park?
Spending no more than 30% of income on housing, the usual rule, a typical Lincoln Park home at $1,096 a month calls for about $44,000 a year. The median household here earns $58,616.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Lincoln Park. They are medians, half above and half below, and today's listings and rents can differ.
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.