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Lincoln County, NC

Catawba Springs

RANK #884 / 996 NAT  ·  #42 / 51 NC  ·  POP 87,933

1YR FORECAST: +0.2%

5YR OUTLOOK: +13%

Our model projects Lincoln County's housing market at +0.2% over the next year, underperforming most U.S. counties.

[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] Top Employers

  1. 1
    Atrium Health Healthcare
    5,000+
  2. 2
    Lincoln County Schools Education
    1,000+
  3. 3
    American Woodmark Manufacturing
    500+
  4. 4
    Timken Co. Manufacturing
  5. 5
    Robert Bosch Tool Corporation Manufacturing
    250+
  6. 6
    Blum Inc. Manufacturing
  7. 7
    LeeBoy Manufacturing
  8. 8
    Lincoln County Government Government
    100+
  9. 9
    Cataler North America Manufacturing
  10. 10
    Husky Rack & Wire Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[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
Bachelor's Degree+
26.1%
of residents (national avg: 33%)

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] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.1
per 100K · nat avg 6.3
Firearm Fatalities
14.5
per 100K · nat avg 14.8
Injury Deaths
81.0
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
42.7
Good
Good Air Days
83%
609 of 730 days
Unhealthy+ Days (3yr)
1
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
42
2022
43
2023
43
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] 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.

[09] Frequently Asked Questions

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

The data is not encouraging — Lincoln County scores just 10/100 on the Boom Town Index, ranking #884 of 996 counties. Job growth at +2.6% and median household income of $75,672 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Lincoln County affordable?

Housing in Lincoln County is roughly in line with national affordability norms. The median home costs $241,200 and the income-to-home-value ratio sits at 0.31, with rents averaging $928/month. Not a bargain, but not a stretch for most local earners either.

Is Lincoln County growing or shrinking?

Lincoln County is growing on multiple fronts. Population is up +2.6% year-over-year while employers added jobs at a +2.6% clip. Home values shifted +2.4% in the past year.

Are people moving to Lincoln County?

There's a moderate stream of newcomers. About 5.0% of residents moved from another state, which is above average and suggests Lincoln County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Orange County, NC 9 Mecklenburg County, NC 8 New Hanover County, NC 8 Gaston County, NC 13 Union County, NC 14 Pender County, NC 6 Nevada County, CA 10 Coos County, OR 10