The typical owner-occupied home in Lincoln County is worth about $332,700, 12% above the Maine median of $296,600 and about the same as the national median of $332,700. Owners pay a median $2,828 a year in property taxes, about 0.85% of their home's value, lower than the Maine rate of 1.02%. The median household earns $76,875 a year, so the median home costs 4.3 times the median income (4.0 times for Maine). 82% of occupied homes here are lived in by their owners, and 56% of those owners still have a mortgage.
Lincoln County at a glance
| Lincoln County | Maine | U.S. | |
|---|---|---|---|
| Median home value | $332,700 | $296,600 | $332,700 |
| Median property tax paid per year | $2,828 | $3,036 | $3,119 |
| Property tax as a share of value | 0.85% | 1.02% | 0.94% |
| Median household income | $76,875 | $74,733 | $80,734 |
| Homes lived in by their owners | 82% | 74% | 65% |
| Owner homes with a mortgage | 56% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,605 | $1,729 | $1,963 |
| Those costs as a share of the owners' income | 21.8% | 20.6% | 21.0% |
| Median rent | $1,055 | $1,139 | $1,413 |
| Rent as a share of renters' income | 25.6% | 29.4% | 30.6% |
| Median year homes were built | 1978 | 1977 | 1980 |
| Vacant homes | 30.6% | 20.6% | 10.1% |
| Population | 36,099 | 1,387,817 | 334,922,499 |
What a typical home costs per month in Lincoln County
At this week's average 30-year rate of 7.11%, buying the median Lincoln County home of $332,700 with 20% down costs about $2,165 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,719, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $92,776 for the 20%-down payment. That payment is 34% of the median Lincoln County household income of $76,875; at that income and 20% down, the 28% guideline points to a home of about $276,000.
The median rent here is $1,055 a month, so owning the median home costs about $1,110 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $66,540 |
|---|---|
| Loan amount | $266,160 |
| Principal and interest | $1,790 |
| Property taxes (0.85% a year) | $236 |
| Homeowners insurance (our estimate, 0.5% a year) | $139 |
| PMI | $0 |
| Total per month | $2,165 |
Change the numbers in the calculator
| Down payment | $11,644 |
|---|---|
| Loan amount | $326,674 |
| Principal and interest | $2,198 |
| Property taxes (0.85% a year) | $236 |
| Homeowners insurance (our estimate, 0.5% a year) | $139 |
| FHA mortgage insurance | $147 |
| Total per month | $2,719 |
Change the numbers in the calculator
Questions about home buying in Lincoln County
What is the median home value in Lincoln County?
About $332,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Lincoln County?
Homeowners pay a median $2,828 a year, which is about 0.85% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Lincoln County?
For the median home with 20% down at 7.11%, the payment is about $2,165 a month. Keeping that under 28% of gross income takes about $92,776 a year.
More about Lincoln County
- Mortgage Refinance in Lincoln County
- Debt Relief in Lincoln County
- Home Equity Loans in Lincoln County
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data