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 Type | 0.50% |
| One Bedroom | 10.20% |
| Two Bedrooms | 28.90% |
| Three Bedrooms | 44.80% |
| Four Bedrooms | 12% |
| Five Bedrooms or more | 3.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $64,500 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $346 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.30% |
| Home Equity Loan | 5.30% |
| Simple Mortgage | 46.20% |
| Debt Free | 46.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
