Lincoln County, Colorado
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Lincoln County Compares
Detailed Income Statistics
Income Advisory: Lincoln County
Income Verdict
Lincoln County has a median household income of $54,257 and per capita income of $29,350 — a gap of $24,907, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $854/month and a median household income of $54,257, rent consumes approximately 18.9% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $54,257, residents of Lincoln County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $29,350 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.
Neighbor Context
Lincoln County earns approximately 27.5% below the Colorado state median household income of $74,792.
Data Story
About Household Income in Lincoln County, Colorado
Lincoln County income trails national average
Lincoln County's median household income of $54,257 falls roughly $20,500 below the national median of $74,755. This gap reflects the economic realities of rural Colorado's sparse population and limited employment diversity.
Well below Colorado's median income
At $54,257, Lincoln County earns 28% less than Colorado's state average of $74,792, ranking among the state's lowest-income counties. The county's ranching and oil-and-gas economies support limited household wealth.
Similar to other rural plains counties
Lincoln's $54,257 median mirrors Kit Carson ($59,810) and Logan ($55,074) counties across Colorado's eastern plains. All three rural counties struggle with income levels below state and national benchmarks.
Rent affordable on limited incomes
At 18.9%, Lincoln County renters spend a reasonable share of income on housing, below the 30% caution threshold. A median home value of $232,100 remains accessible relative to some rural counties, though still challenging for median-income households.
Financial stability in Lincoln County
Residents should focus on building emergency reserves and exploring community financial resources to strengthen household stability. A financial advisor familiar with rural economies can help develop realistic savings and wealth-building strategies tailored to local income levels.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Lincoln County median
County median: $54,257 per year
vs. County Median
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vs. State Average
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vs. National Median
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Income Adequacy
Your monthly income ($4,521) vs. median rent ($854/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.