Lincoln, Nebraska is a large city with a population of 273,018 people. According to the most recent Census, 86% of Lincoln residents are White, 4% Black and 4% Asian. With an average age of 32 years old, Lincoln could be a great place to live for young adults as this age is well below the national average. Lincoln has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 76% of the population is classified as married and 59% have kids.
Whether you’re moving to a new city to be closer to family, friends or for a new job, living in Lincoln could be a positive experience compared to other cities in Nebraska if you know where to search. With useful information like amenities, crime, cost of living, employment and other key data points, finding the best places to live in Lincoln and in the areas around Lincoln is a much easier task.
The livability score in Lincoln is 81/100 and the city is ranked in the 95th percentile of all cities across America. Based on this score, Lincoln would be considered a very livable city! The cherry on top is that Lincoln also ranks in the top 10 percent of all cities. There are seven total categories that generate the livability score. Lincoln ranks well for amenities (A+), cost of living (B-) and education (A+). There is at least one category that you should be aware of in Lincoln. The following was graded with a concerning score: weather (D).
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Lincoln has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Some of the notable things to do include: Nebraska State Capitol, Sunken Gardens, and Lincoln Children's Zoo.
The Lincoln unemployment rate (0.74%) has continued to decrease over the years and is now well below the national average. Finding a new job in the area might just be easier than you thought!
School test scores can be an important metric in deciding if the local area schools can provide a solid educational system for children. The schools in Lincoln have a test score average of 79%, which is well above the US average.
Assuming that Lincoln meets all of your requirements, the next most important item to examine is the affordability of real estate in Lincoln. Everything else becomes a lot less important if it turns out that home prices in Lincoln are simply unattainable. Median real estate prices in Lincoln come in at $150,200, which is 9.4% higher than the Nebraska average. The home price to income ratio compares the median home prices to the median household income. In Lincoln, the home price to income ratio is 2.9, which is 16% higher than the Nebraska average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Lincoln area were 7.2% and 5 year appreciation rates were 5.3%.