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Lincoln Park

Learn about the people, housing, costs and businesses in Lincoln Park, Illinois

Median Home$800,111
Median Rent$2,287/month
Population67,987
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services32% healthcare
Home Value Growth+3.0% over 2 years
Young Adults51% of residentswell above average
Renters55% of occupied units
NotableHigh Incomes$161k/year · top 1% nationally
NotableHighly Educated46% bachelor's · 27% graduate · top 3% nationally
Lincoln Park
IL

Frequently Asked Questions

What are today's mortgage rates in Lincoln Park?

As of today, the 30-year fixed mortgage rate for Lincoln Park is approximately 6.801% (6.844% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lincoln Park?

The median home value in Lincoln Park is $800k. The median monthly rent is $2,287. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lincoln Park?

Home values in Lincoln Park have increased 3.0% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lincoln Park?

Based on a typical all-in ownership cost of $2,670/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $114k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lincoln Park is $161k/year.

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What industries drive the economy in Lincoln Park?

The largest employment sectors in Lincoln Park are healthcare (32%) and arts, food, and hospitality (29%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas