Everything You Need to Know About the City of Lincoln Nebraska

In 2018, Lincoln, Nebraska had a population of 287k people with a median age of 32.9 and a median household income of $55,388 dollars. Between 2017 and 2018 the population of Lincoln, NE grew from 284,734 to 287,399, a 0.936 percent increase and its median household income declined from $56,160 dollars to $55,388 dollars, a -1.37 percent decrease.

The population of Lincoln, NE is 79.1 percent White Alone, 7.77 percent Hispanic or Latino, and 4.35 percent Asian Alone. N/A% of the people in Lincoln, NE speak a non-English language, and 95.4 percent are U.S. citizens.

The largest universities in Lincoln, NE are University of Nebraska-Lincoln (5,641 degrees awarded in 2017), Southeast Community College Area (1,600 degrees), and Doane University-Graduate and Professional Studies (567 degrees).

The median property value in Lincoln, NE is $173,600 dollars, and the homeownership rate is 57.1 percent. Most people in Lincoln, NE commute by Drove Alone, and the average commute time is 18 minutes. The average car ownership in Lincoln, NE is 2 cars per household.

 

Education in Lincoln

In 2017, universities in Lincoln, NE awarded 9,145 degrees. The student population of Lincoln, NE is skewed towards women, with 19,768 male students and 21,689 female students.

Most students graduating from Universities in Lincoln, NE are White (7,306 and 85 percent), followed by Hispanic or Latino (438 and 5.1 percent), Black or African American (223 and 2.59 percent), and Unknown (207 and 2.41 percent).

The largest universities in Lincoln, NE by the number of degrees awarded are University of Nebraska-Lincoln (5,641 and 61.7 percent), Southeast Community College Area (1,600 and 17.5 percent), and Doane University-Graduate and Professional Studies (567 and 6.2 percent).

The median tuition costs in Lincoln, NE is $18,190 dollars for private four-year colleges, and $7,125 dollars and $22,425 dollars respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Lincoln

The economy of Lincoln, NE employs 161k people and Lincoln has an unemployment rate of 2.6 percent. Lincoln has seen the job market increase by 1.5 percent over the last year. Future job growth over the next ten years is predicted to be 31.1 percent, which is lower than the US average of 33.5 percent. The largest industries in Lincoln, NE are Health Care & Social Assistance (23,252 people), Educational Services (20,357 people), and Retail Trade (16,822 people), and the highest paying industries are Utilities ($82,064 dollars), Professional, Scientific, & Technical Services ($54,289 dollars), and Wholesale Trade ($52,396 dollars).

Households in Lincoln, NE have a median annual income of $55,388 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $56,160 dollars in 2017, which represents a -1.37 percent annual growth.

 

Tax Rates for Lincoln

– The Sales Tax Rate for Lincoln is 7.2 percent.

– The Income Tax Rate for Lincoln is 6.8 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Lincoln

– The average earnings of a Lincoln resident are $26,574 dollars a year.

– The Median household earnings of a Lincoln resident is $49,794 dollars a year.