Cost of Living in Lincoln Park, CO

Population 4,315 · Colorado · Data vintage 2023

88
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The median resident in Lincoln Park is 55 years old, well past the national midpoint, giving the city the retail and service mix of a retirement-dominant market. Household-income figures here read differently than in working-age cities: retirement and investment income weigh heavily in the totals.

Geographically, Lincoln Park is about 35 miles west of Pueblo, the nearest large metro. Median home values run roughly 18% higher than Pueblo's $231,000.

Cost Overview

Housing 89
Rent 85

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Lincoln Park

The median home value in Lincoln Park is $272,000 — 11% below the national median of $305,000. Median rent runs $1,120/month, 15% lower than the national median of $1,314/month. The median household income of $64,750/year is 13% lower than the US median of $74,580. The local unemployment rate is 5.3%, above the national average of 4.8%. Colorado's top state income tax rate is 4.4% and the combined sales tax is 7.8%. Overall, Lincoln Park has a cost of living index of 88 versus the US average of 100, meaning it is 12% less expensive.

🏠 Housing

Median Home Value
$272,000
11% below avg
Median Rent
$1,120/mo
15% below avg
Price-to-Rent Ratio
20.2x
Favors renting
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$884
1 BR
$960
2 BR
$1,251
3 BR
$1,611
4 BR
$2,004
Owner-occupied 81.3%
Renter-occupied 18.7%

💰 Estimated Monthly Budget

Rent median rent
$1,120
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,734/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
25.7 min
5% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.8%

Commute Mode

Drove alone
66.0%
Carpooled
8.7%
Walked
5.0%
Bicycle
0.5%
Work from home
16.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.4%
Total Sales Tax 7.8%
State rate 2.9%
Avg local rate 4.9%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$64,750
13% below avg
Per Capita Income
$33,771
Unemployment Rate
5.3%
10% above avg
Poverty Rate
19.5%
Labor Force Participation
39.7%

🎓 Education

Bachelor's degree+ 16.7%
Graduate degree 5.9%

👥 Demographics

Median Age 55.3
Male median age 48.5
Female median age 58.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 12 — Good
99.4%
Good air days/yr
71
Max AQI recorded
0
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in Lincoln Park, CO?

Lincoln Park has a cost index of 88 (100 = national average). It is 12% below the national average.

What is average rent in Lincoln Park, CO?

The median gross rent in Lincoln Park is $1,120 per month based on 2023 Census data.

What is the average home price in Lincoln Park?

The median home value in Lincoln Park is $272,000 according to 2023 Census ACS data.

What is the median income in Lincoln Park?

The median household income in Lincoln Park is $64,750 per year (2023 ACS 5-year estimates).

What is the sales tax in Lincoln Park, CO?

The combined state and local sales tax rate in Lincoln Park is 7.8%. The Colorado state income tax top rate is 4.4%.

Is Lincoln Park, CO affordable?

Yes, Lincoln Park is generally considered affordable, with a cost of living index of 88 — about 12% below the US national average of 100.