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Retirement community in Lincoln, Illinois

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Lincoln, Illinois Retirement Guide

established retirement community
72

Retirement Score

Lincoln, Illinois at a Glance

Median Home Price
$101,100
State Income Tax
State income tax; Social Security and retirement income (pensions, 401k, IRA) fully exempt.
Avg January Low
17.9°F
Cost of Living Index
101.2 (US avg = 100)
Best For
established retirement community
RetireCityIQ Score
72 / 100

Retirement Data

Affordability

Cost of Living Index
101.2 (U.S. avg = 100)High confidence
BEA Regional Price Parities · Updated May 2026
Median Home Price
$101,100High confidence
U.S. Census ACS 5-Year · Updated June 2026
Median Monthly Rent
$751High confidence
U.S. Census ACS 5-Year · Updated June 2026

Taxes

Retirement Tax Score
60 / 100High confidence
Tax Foundation · Updated June 2026
Tax Details
State income tax; Social Security and retirement income (pensions, 401k, IRA) fully exempt.High confidence
Tax Foundation · Updated June 2026

Retiree Readiness (Sprint 2)

Care Access Score (proxy)
88 / 100High confidence
RetireCityIQ proxy model · Updated June 2026
Aging-in-Place Score (proxy)
60 / 100High confidence
RetireCityIQ proxy model · Updated June 2026

Healthcare

Healthcare Access Score
88 / 100High confidence

Climate

Avg July High
Avg January Low
Annual Precipitation
Sunny Days / Year

Safety

Safety Score
92.3 / 100High confidence
FBI Crime Data Explorer · Updated June 2026

Walkability

Walk Score (proxy)
50.7 / 100High confidence
U.S. Census ACS 5-Year (B08301) · Updated June 2026
Transit Score (proxy)
1.8 / 100High confidence
U.S. Census ACS 5-Year (B08301) · Updated June 2026

Demographics

Population
13,371High confidence
U.S. Census ACS 5-Year · Updated June 2026
Median Age
40.4High confidence
U.S. Census ACS 5-Year · Updated June 2026
Age 65+
22.4%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Median Household Income
$54,002High confidence
U.S. Census ACS 5-Year · Updated June 2026

Community Profile

Owner-Occupied Housing
61.8%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Veterans
7.5%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Bachelor's Degree+
18.7%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Poverty Rate
14.9%High confidence
U.S. Census ACS 5-Year · Updated June 2026

Diversity

White
89.1%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Black
4.8%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Hispanic/Latino
3.0%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Asian
0.4%High confidence
U.S. Census ACS 5-Year · Updated June 2026

10-Year Housing Stress Test (Estimate)

Estimate monthly homeowner carrying cost in Lincoln using median home price and adjustable assumptions. Stress case applies +10% property tax, +20% insurance, +10% maintenance.

Estimated monthly carrying cost

$219

Stress-case monthly carrying cost

$246

Median home price used: $101,100

Median rent reference: $751 / month

Estimate includes property tax, insurance, maintenance reserve, and HOA. It excludes mortgage, utilities, and one-time transaction costs.

Local Professionals

Financial Advisors

PACESETTER FINANCIAL GROUP, L.L.C.

Financial Advisor

PACESETTER FINANCIAL GROUP, L.L.C.

Financial Advisor

PACESETTER FINANCIAL GROUP, L.L.C.

Financial Advisor

+16 more financial advisors available

Interested in Lincoln? Talk to a Local Expert.

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