From https://www.bostonglobe.com/2022/04/21/metro/charts-whats-wealthiest-town-massachusetts-see-census-data-income-poverty/?event=event12
and Zillow Lincoln's median household income: $140,880 Lowest priced single family house currently available (according to Zillow): $1.89 million Income required for a 1.89 million dollar house: $281,000 The median of all housing units is right around a million, which is just barely affordable on the median income. The census median includes all the income and age restricted units so I am not entirely sure how to calculate the true median, but at a guess it's higher. Most of Lincoln could not currently afford to buy a single family house here. You may or may not view that as a problem. On Mon, Apr 25, 2022 at 3:35 PM Sara Mattes <[email protected]> wrote: > This is telling and offers some data points. > Linocln is not in the top 25, in spite of the fact that there are over 130 > folks who make over $1 million/yer. > > If you look at our state certified affordable housing, that makes up 14%. > 1/3 of our homes are condo, townhouses or apartments. > 1/3 of us are over 60. > > While we are not racially diverse, our housing stock and other measures > indicate a degree of diversity that might surprise some…and should factor > in as we plan, going forward. > > Sara > > > > > The median household income of $84,385 made Massachusetts the > third-richest state in the nation, according to new Census data. > > > https://patch.com/massachusetts/across-ma/these-are-richest-poorest-towns-massachusetts?utm_source=shared-email&utm_medium=email&utm_campaign=share > > ------ > Sara Mattes > > > > > -- > The LincolnTalk mailing list. > To post, send mail to [email protected]. > Search the archives at http://lincoln.2330058.n4.nabble.com/. > Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/ > . > Change your subscription settings at > https://pairlist9.pair.net/mailman/listinfo/lincoln. > >
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