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Lincoln Square

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

Median Home$485,609
Median Rent$1,591/month
Population41,651
Leading IndustriesProfessional Services · Healthcare · Arts, Food & Hospitality4% professional services
Home Value Growth⬆⬆+11.7% over 2 years
Young Adults42% of residentsabove average nationally
Renters59% of occupied units
NotableHighly Educated40% bachelor's · 22% graduate · top 7% nationally
NotableTransit86/100 · excellent transit access
Lincoln Square
IL

Frequently Asked Questions

What are today's mortgage rates in Lincoln Square?

As of today, the 30-year fixed mortgage rate for Lincoln Square is approximately 6.839% (6.883% 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 Square?

The median home value in Lincoln Square is $486k. The median monthly rent is $1,591. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lincoln Square?

Home values in Lincoln Square have increased 11.7% over the past two years. This indicates a strong appreciation trend. 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 Square?

Based on a typical all-in ownership cost of $1,692/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $73k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lincoln Square is $93k/year.

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What industries drive the economy in Lincoln Square?

The largest employment sectors in Lincoln Square are public administration (24%) and healthcare (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas