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Lincoln County, NC

RANK #765 / 996  ·  POP 87,933  ·  NC

PROJECTED GROWTH: -0.3%

Lincoln County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Lincoln County?

Lincoln County, North Carolina, is often recognized for its connection to Lake Norman, the state's largest man-made lake, which provides both recreation and electricity. The county seat, Lincolnton, offers a historic downtown anchored by the Lincoln County Courthouse and features several historic churches. Located in the state's Piedmont region, about 20 miles southeast of Charlotte, Lincoln County offers a community feel with access to urban amenities. Commutes average around 30 minutes, with most residents driving to work. The area boasts a mild climate and rolling terrain with numerous creeks and streams, offering opportunities for outdoor activities like walking, hiking, and water sports.

Life in Lincoln County blends small-town values with economic growth. Many families reside here, with public schools in the Lincoln County Schools district receiving high ratings. The local economy, historically rooted in textiles and iron production, has diversified. Recent economic developments show significant investment in sectors such as manufacturing and energy, with new facilities and expansions contributing to job creation. The county's proximity to Charlotte also ties much of its economic activity to the larger metropolitan area.

[02] Market Snapshot

Housing Ratio
5.9x

Above national median (4.7x)

GDP Growth
+6.8%

Well above national median

Home Prices
+2.4%

Outpacing national median

Climate & Terrain
1.5

Moderate climate & terrain

Price/Rent
12x

Below national median (13x)

Housing is fairly valued at 5.9x 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
87,933
+2.64% YoY
Median Household Income
$75,672
Median Home Value
$241,200
+2.35% 12mo
Median Rent
$928
Average Annual Pay
$55,677
+5.1% YoY
Employment
28,110
+2.6% YoY
Income-to-Home-Value
0.3137
More affordable than average
Migration Inflow
5.0%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$440,000
Days on Market
102
Slower market
Months of Supply
6.2
Buyer's market
Sale-to-List Ratio
97.2%
Negotiation room for buyers
Sold Above List
18.9%
Listings w/ Price Drops
25.9%
Building Permits (2024)
697
Single-Family Permits
697

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

[05] Capital Investment

$744M
TOTAL
PROJECT AMOUNT STATUS
Lincoln Combustion Turbine Station Expansion
Duke Energy Carolinas, LLC
$402M Operating
Green New Energy Materials Manufacturing Plant
Green New Energy Materials, Inc.
$140M Under Construction
Hornet Solar Project
Capital Power
$73M Under Construction
NC16/NC150 Interchange Development
Lincoln County
$50M Planned
Lincoln County Airport Capital Improvement Plan
Lincoln County Airport Authority
$50M Under Construction
Active Concepts Headquarters Expansion
Active Concepts
$29M Planned

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

[06] Score Breakdown

GDP Growth +6.8% 93 percentile
Population Growth +2.6% 94 percentile
Income Growth +15.7% 100 percentile
Vacancy Rate 0.6% 92 percentile
Home Price Change +2.4% 63 percentile
Rent Growth -0.1% 10 percentile
Price/Rent 12x 64 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Lincoln County has a Boom Town Index score of 23/100, ranking #765 among 996 U.S. counties. With job growth at +2.6% and a median household income of $75,672, it faces some economic headwinds compared to faster-growing counties.

Is Lincoln County affordable?

The median home value in Lincoln County is $241,200 with median rent at $928/month. The income-to-home-value ratio is 0.3137, which is more affordable than the national average.

Is Lincoln County growing or shrinking?

Population growth: +2.6% year-over-year. Job growth: +2.6%. Home values changed +2.4% in the past 12 months.

Are people moving to Lincoln County?

Yes — 5.0% of Lincoln County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Tooele County, UT 33 Polk County, TX 33 Middlesex County, MA 33 Lexington County, SC 33 Angelina County, TX 33 Brazos County, TX 33 Benton County, WA 33 Tulare County, CA 33