Best Places for Business and Careers 2019Best Places to Retire 2023
Lincoln, NE
Nebraska
Lincoln, NE
Nebraska
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gross metro product
$21.1B
population
334.6K
median household income
$62,419
median home price
$194,000
cost of living
10% below nat'l avg
college attainment
38.1%
net migration
360 (year: 2018)
unemployment
2.7%
As of October 2019
population
301.0K
median home price
$264,000
cost of living
91
As of May 2023
Named after our 16th president, Lincoln is the second most populated town in Nebraska and home to the University of Nebraska. Other colleges and universities based in Lincoln include Bryan LGH College of Health Sciences, Nebraska Wesleyan University, Southeast Community College and Union College. The state government and the University of Nebraska are both large contributors to the local economy along with other prominent industries including health care, banking and technology. Popular events held in the city include the
International Thespian Society, hosted by the University of Nebraska, as well as the Lincoln County State Fair and Capital City Ribfest. Lincoln also has an extensive park system, with over 100 individual parks.
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State capital and college town (University of Nebraska) of 301,000, 50 miles southwest of Omaha. Median home price of $264,000, 30% below national median. Cost of living 9% below national average. PROS: Adequate doctors per capita. Good air quality, comfortable climate. Very bikeable, somewhat walkable. Strong economy. Relatively moderate vulnerability to natural hazards. CONS: State income tax on Social Security. State inheritance tax hits anything over $40,000 left to relatives other than a spouse. Serious crime rate
slightly above national average. NOTED: Elevation 1,200 feet. County voted Democratic in 2020 presidential election. On list last year. TRIVIA: City's original name was Lancaster.
Sources: Moody's Analytics; Sperling's BestPlaces; U.S. Census.
Numbers as of October 2019
a - Value of 100 means that a family with the median income has exactly enough income to qualify for a typical mortgage on a median-priced single-family home. An index above 100 signifies that the family has surplus income.
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