The typical owner-occupied home in Lincoln is worth about $326,700, 19% below the New Hampshire median of $402,500 and about the same as the national median of $332,700. Owners pay a median $2,813 a year in property taxes, about 0.86% of their home's value, lower than the New Hampshire rate of 1.66%. The median household earns $60,000 a year, so the median home costs 5.4 times the median income (4.1 times for New Hampshire). 72% of occupied homes here are lived in by their owners, and 53% of those owners still have a mortgage.
Lincoln at a glance
| Lincoln | New Hampshire | U.S. | |
|---|---|---|---|
| Median home value | $326,700 | $402,500 | $332,700 |
| Median property tax paid per year | $2,813 | $6,667 | $3,119 |
| Property tax as a share of value | 0.86% | 1.66% | 0.94% |
| Median household income | $60,000 | $99,031 | $80,734 |
| Homes lived in by their owners | 72% | 73% | 65% |
| Owner homes with a mortgage | 53% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,375 | $2,367 | $1,963 |
| Those costs as a share of the owners' income | 12.7% | 21.9% | 21.0% |
| Median rent | $896 | $1,491 | $1,413 |
| Rent as a share of renters' income | 28.8% | 29.4% | 30.6% |
| Median year homes were built | 1986 | 1979 | 1980 |
| Vacant homes | 62.9% | 14.3% | 10.1% |
| Population | 923 | 1,394,868 | 334,922,499 |
What a typical home costs per month in Lincoln
At this week's average 30-year rate of 7.11%, buying the median Lincoln home of $326,700 with 20% down costs about $2,128 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,673, 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 $91,219 for the 20%-down payment. That payment is 43% of the median Lincoln household income of $60,000; at that income and 20% down, the 28% guideline points to a home of about $215,000.
The median rent here is $896 a month, so owning the median home costs about $1,232 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $65,340 |
|---|---|
| Loan amount | $261,360 |
| Principal and interest | $1,758 |
| Property taxes (0.86% a year) | $234 |
| Homeowners insurance (our estimate, 0.5% a year) | $136 |
| PMI | $0 |
| Total per month | $2,128 |
Change the numbers in the calculator
| Down payment | $11,434 |
|---|---|
| Loan amount | $320,783 |
| Principal and interest | $2,158 |
| Property taxes (0.86% a year) | $234 |
| Homeowners insurance (our estimate, 0.5% a year) | $136 |
| FHA mortgage insurance | $144 |
| Total per month | $2,673 |
Change the numbers in the calculator
Questions about home buying in Lincoln
What is the median home value in Lincoln?
About $326,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Lincoln?
Homeowners pay a median $2,813 a year, which is about 0.86% 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?
For the median home with 20% down at 7.11%, the payment is about $2,128 a month. Keeping that under 28% of gross income takes about $91,219 a year.
More about Lincoln
- Mortgage Refinance in Lincoln
- Debt Relief in Lincoln
- Home Equity Loans in Lincoln
- 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