Cost of Living in Lincolnton, NC

Population 11,503 · North Carolina · Data vintage 2023

72
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Lincolnton's median household income of $43,294 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (18% here).

Located 30 miles northwest of Charlotte, Lincolnton falls within that metro's commuting orbit. Median home values run roughly 36% lower than Charlotte's $352,000.

Cost Overview

Housing 74
Rent 70

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

About the Cost of Living in Lincolnton

The median home value in Lincolnton is $224,600 — 26% below the national median of $305,000. Median rent runs $920/month, 30% lower than the national median of $1,314/month. The median household income of $43,294/year is 42% lower than the US median of $74,580. The local unemployment rate is 3.4%, below the national average of 4.8%. North Carolina's top state income tax rate is 4.5% and the combined sales tax is 7.0%. The climate averages highs of 73.0°F and lows of 51.3°F. Overall, Lincolnton has a cost of living index of 72 versus the US average of 100, meaning it is 28% less expensive.

🏠 Housing

Median Home Value
$224,600
26% below avg
Zillow Home Value
$291,722
Zillow ZHVI
Median Rent
$920/mo
30% below avg
Zillow Rent
$1,441/mo
Zillow ZORI
Price-to-Rent Ratio
20.3x
Favors renting
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$826
1 BR
$860
2 BR
$1,049
3 BR
$1,384
4 BR
$1,637
Owner-occupied 45.3%
Renter-occupied 54.7%

💰 Estimated Monthly Budget

Rent median rent
$920
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,534/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
26.4 min
2% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.7%

Commute Mode

Drove alone
79.5%
Carpooled
5.8%
Public transit
0.1%
Walked
3.0%
Work from home
8.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.5%
Total Sales Tax 7.0%
State rate 4.8%
Avg local rate 2.2%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$43,294
42% below avg
Per Capita Income
$28,039
Unemployment Rate
3.4%
30% below avg
Poverty Rate
18.4%
Labor Force Participation
57.5%

🎓 Education

Bachelor's degree+ 13.6%
Graduate degree 5.8%

👥 Demographics

Median Age 37.7
Male median age 38
Female median age 36.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
73.0°F
Avg Low
51.3°F
Annual Precip
43.3"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 535865748188918983746456
Low °F 333642505867706963514136
Precip" 3.343.283.943.883.464.213.473.953.753.293.303.44

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
82.8%
Good air days/yr
97
Max AQI recorded
0
PM2.5 days
244
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

89%
4-Year Graduation Rate
15.9:1
Student-teacher ratio
23
Public schools
11,571
Total enrollment

Frequently Asked Questions

What is the cost of living in Lincolnton, NC?

Lincolnton has a cost index of 72 (100 = national average). It is 28% below the national average.

What is average rent in Lincolnton, NC?

The median gross rent in Lincolnton is $920 per month based on 2023 Census data.

What is the average home price in Lincolnton?

The median home value in Lincolnton is $224,600 according to Zillow and Census data.

What is the median income in Lincolnton?

The median household income in Lincolnton is $43,294 per year (2023 ACS 5-year estimates).

What is the sales tax in Lincolnton, NC?

The combined state and local sales tax rate in Lincolnton is 7.0%. The North Carolina state income tax top rate is 4.5%.

Is Lincolnton, NC affordable?

Yes, Lincolnton is generally considered affordable, with a cost of living index of 72 — about 28% below the US national average of 100.

What is the weather like in Lincolnton?

Lincolnton has average high temperatures of 73.0°F and average lows of 51.3°F. Annual precipitation is 43.3". Data from NOAA 1991–2020 Climate Normals.

Lincolnton at a Glance

Population
11,503
Median Income
$43,294
Home Value
$224,600
Median Rent
$920/mo
Unemployment
3.4%
Avg High Temp
73.0°F
Sales Tax
7.0%
View all cities in North Carolina →
🗺️ County data for North Carolina

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs