Why Live in Lincoln
Lincoln is a vibrant, multicultural neighborhood in downtown Lafayette, Indiana, known for its rich history and ongoing community-driven enhancements. The Lincoln Community Enhancement Plan aims to improve walkability, increase parkland, and upgrade housing conditions, reflecting residents' priorities. Historic homes from the early 20th century, including Foursquares, Colonial Revivals, Victorians, and Craftsman styles, are common, with many properties available for renovation. Nearly half of the residences are in "average" condition, offering opportunities for both renters and investors. Greenbush Cemetery and the Lincoln Sharing Garden provide green spaces, while Lyboult Sports Park offers sports facilities and access to the Wabash Heritage Trail. Plans for a new park and an art-filled fence are underway to enhance local amenities. Budges Drive In, a vintage eatery, and 6th Street Dive are popular local spots, with additional dining and nightlife options on Main Street, just over a half mile away. The neighborhood hosts HannaFest, celebrating the Hanna Community Center's multicultural programs for all ages. Sidewalks and CityBus stops facilitate easy access to downtown attractions, and bike lanes on Union and Salem Streets support cyclists. Jefferson High, known as "Jeff," is highly rated and offers dual enrollment courses with Ivy Tech Community College and Purdue University, located less than 2 miles away. Lincoln's service organizations, including the Lafayette Transitional Housing Center and multiple food banks, support the community's low-income population. The neighborhood's crime rate is comparable to the national average, contributing to its appeal for families and young professionals.
Frequently Asked Questions
Is Lincoln a good place to live?
Lincoln is a good place to live. Lincoln is considered somewhat walkable and bikeable with some transit options. Lincoln has 4 parks for recreational activities. It has a median age of 31. The average household income is $36,786 which is below the national average. College graduates make up 16.6% of residents. A majority of residents in Lincoln are renters, with 86.3% of residents renting and 13.7% of residents owning their home. A
local real estate agent serving Lincoln can help you decide if this neighborhood is the right one for you. Learn more on our
Lincoln neighborhood guide.
How much do you need to make to afford a house in Lincoln?
The median home price in Lincoln is $449,900. If you put a 20% down payment of $90,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,330 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $100K a year to afford the median home price in Lincoln. The average household income in Lincoln is $37K.
What are the best public schools in Lincoln?
The best public schools that serve Lincoln are:
What are the best private schools in Lincoln?
The best private schools that serve Lincoln are:
What are the most popular zip codes in Lincoln, Lafayette, IN?
What are the most popular neighborhoods near Lincoln, Lafayette, IN?
Home Trends in Lincoln, IN
On average, homes in Lincoln, Lafayette sell after 157 days on the market compared to the national average of 70 days. The median sale price for homes in Lincoln, Lafayette over the last 12 months is $405,000, up 224% from the median home sale price over the previous 12 months.
Median Sale Price
$405,000
Median Single Family Sale Price
$405,000
Average Price Per Sq Ft
$799
Number of Homes for Sale
0
Last 12 months Home Sales
11
Median List Price
$449,900
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
224%