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Lincoln County, MO

RANK #84 / 996  ·  POP 60,172  ·  MO

PROJECTED GROWTH: +3.0%

Lincoln County is surging. People are flooding in and the economy is keeping pace.

[01] Why Lincoln County?

Ongoing infrastructure improvements, particularly the $15.4 million Missouri Route 47 diverging diamond interchange project slated for completion by Fall 2025, are the single biggest catalyst driving real estate demand in Lincoln County. This project, alongside other Route 61 corridor upgrades totaling $36 million through 2027, enhances connectivity to the St. Louis metropolitan area, attracting new residents and businesses. The county's population grew by 1,200 residents between 2023 and 2024, primarily due to domestic migration. This trend is expected to continue, with the population projected to reach 68,250 by 2026.

[02] Market Snapshot

Housing Ratio
8.6x

Overvalued relative to economy

GDP Growth
+5.9%

Well above national median

Home Prices
+5.4%

Outpacing national median

Climate & Terrain
0.4

Moderate climate & terrain

Price/Rent
18x

Above national median (13x)

Housing looks overvalued at 8.6x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Lincoln County U.S. National

The Numbers

DEMOGRAPHICS
Population
60,172
+2.53% YoY
Median Household Income
$82,543
Median Home Value
$206,800
+5.37% 12mo
Median Rent
$958
Average Annual Pay
$53,839
+5.8% YoY
Employment
12,799
+3.0% YoY
Income-to-Home-Value
0.3991
More affordable than average
Migration Inflow
4.45%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$311,845
Days on Market
27
Active market
Months of Supply
3.3
Balanced market
Sale-to-List Ratio
100.5%
Homes selling above asking
Sold Above List
31.2%
Listings w/ Price Drops
21.2%
Building Permits (2024)
151
Single-Family Permits
121

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$700M
TOTAL
PROJECT AMOUNT STATUS
Great Bend Wind Farm
Triple Oak Power
$300M Planned
Winfield Solar Project
Cordelio Power (with Qcells and Microsoft)
$150M Completed
Pike - Troy 161kV Line Solar Project
Undisclosed (MISO interconnection queue)
$150M Planned
New Ranken Technical College Campus
Ranken Technical College
$50M Planned
Highway 61 and Royal Industrial Parks
N/A
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +5.9% 89 percentile
Population Growth +2.5% 93 percentile
Income Growth +7.7% 30 percentile
Vacancy Rate 0.8% 79 percentile
Home Price Change +5.4% 92 percentile
Price/Rent 18x 15 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Lincoln County, MO a good place to move to?

Lincoln County has a Boom Town Index score of 92/100, ranking #84 among 996 U.S. counties. With job growth at +3.0% and a median household income of $82,543, it's an above-average county on economic indicators.

Is Lincoln County affordable?

The median home value in Lincoln County is $206,800 with median rent at $958/month. The income-to-home-value ratio is 0.3991, which is more affordable than the national average.

Is Lincoln County growing or shrinking?

Population growth: +2.5% year-over-year. Job growth: +3.0%. Home values changed +5.4% in the past 12 months.

Are people moving to Lincoln County?

Yes — 4.45% of Lincoln County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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