Lincoln, MI Profile: Facts & Data

The Village of Lincoln had a population of 320 as of July 1, 2024. Lincoln ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Michigan. See peer rankings below.

The primary coordinate point for Lincoln is located at latitude 44.6847 and longitude -83.4122 in Alcona County. The formal boundaries for the Village of Lincoln encompass a land area of 0.83 sq. miles and a water area of 0.23 sq. miles. Alcona County is in the Eastern time zone (GMT -5).

The Village of Lincoln has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Lincoln, MI Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	320 (100%)
Population in Households	320 (100.0%)
Population in Families	237 (74.1%)
Population in Group Quarters¹	0
Population Density	389
Diversity Index²	14


INCOME
Median Household Income	$45,785
Average Household Income	$63,991
% of Income for Mortgage⁴	21%
Per Capita Income	$27,996
Wealth Index⁵	57
Socioeconomic Status Index⁶	Moderate (51.7)

HOUSING
Total HU (Housing Units)	233 (100%)
Owner Occupied HU	111 (47.6%)
Renter Occupied HU	29 (12.4%)
Vacant Housing Units	93 (39.9%)
Median Home Value	$155,769
Average Home Value	$202,477
Housing Affordability Index³	115

HOUSEHOLDS
Total Households	140
Average Household Size	2.29
Family Households	74
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Lincoln, MI - Peer Comparisons by Rank and Percentile

The table below compares Lincoln to the other 745 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	1.14%	2.33%
Households	1.58%	2.06%
Families		3.99%
Median Household Income		2.45%
Per Capita Income		2.58%
Owner Occupied HU		3.37%

Variable Description	Rank	Percentile
Total Population	# 626	16th
Population Density	# 573	23rd
Median Household Income	# 670	10th
Housing Affordability Index	# 285	38th
Per Capita Income	# 625	16th
Diversity Index	# 683	8th

Lincoln, MI Profile: Facts & Data

Lincoln, Michigan - Basic Facts

Lincoln, MI Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lincoln, MI - Peer Comparisons by Rank and Percentile

Lincoln, MI - Most Popular Things to Do

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Alcona County