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 Type | 0.70% |
| One Bedroom | 7.20% |
| Two Bedrooms | 34.30% |
| Three Bedrooms | 51.20% |
| Four Bedrooms | 5.10% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $70,500 |
| Median Price asked for vacant units | $56,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $384 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 1% |
| Simple Mortgage | 56% |
| Debt Free | 37.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
