Lincoln Park, Michigan Income Statistics
Lincoln Park Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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D
Lincoln Park Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Lincoln Park | Michigan Avg | US Average |
|---|---|---|---|
| Median Household Income | $58,561 | $72,977 | $80,455 |
| Median Personal Income | $47,647 | $59,920 | $60,758 |
| Average Yearly Income Growth | 4.4% | 4.6% | 4.8% |
| Six-Figure Earners | 5.0% | 11.4% | 13.9% |
| $200k+ Households | 3.6% | 9.5% | 13.2% |
The median household income in Lincoln Park is about 20% lower than in Michigan. Income has been growing slower in Lincoln Park (4.4%/yr) than in Michigan (4.6%/yr).
About 5% of adults in Lincoln Park earn six figures ($100,000 or more) a year, lower than the Michigan average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Lincoln Park, Michigan grew by 26.4% from 2009 to 2024, reaching $58,561 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in Lincoln Park
| Metric | Lincoln Park | Michigan Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.534 | 0.539 | 0.552 |
| Male Median Income | $56,282 | $69,354 | $69,667 |
| Female Median Income | $43,810 | $54,749 | $56,850 |
| Gender Pay Gap | 22.2% | 21.1% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Lincoln Park, it is 0.534, about the same as Michigan's 0.539, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 28% more than women's income in Lincoln Park, Michigan. Over a 35-year career, a 28% wage gap accumulates to roughly $436,520 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Lincoln Park, Michigan has narrowed from about 32% to 22% in 2024. Over that period the gap was widest at 32% in 2010, and was narrowest at 17% in 2018. In dollar terms, the gap has narrowed by $2,799 since 2009.
Employment
| Metric | Lincoln Park | Michigan Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.4% | 5.7% | 5.2% |
| Working from Home | 7.7% | 13.5% | 15.0% |
| Commute time (minutes) | 21 | 21 | 22 |
Approximately 1,486 people are unemployed in Lincoln Park, Michigan.
The average commute time in Lincoln Park is 21 minutes, about the same as in Michigan.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Lincoln Park, Michigan has fallen from 13.6% to 8.4% in 2024. Over that period the rate peaked at 14.7% in 2012 and fell as low as 6.7% in 2020.
Lincoln Park, MI Wealth Compared With Nearby Cities
Lincoln Park, MI is the largest of the 4 cities compared here, 39,240 residents against a local median of 27,928. Lincoln Park, MI's unemployment, at 8.4%, runs 101% above the 4.2% typical of the cities around it. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 4.4%/yr against a local median of 3.3%/yr, 36% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so Lincoln Park, MI is trading one against the other rather than simply out-performing what surrounds it. The cities themselves sit within 1.3% of each other on unemployment, a tighter band than the gap between any of them and Lincoln Park, MI, which makes it a genuine outlier here rather than one end of a wide local spread. Lincoln Park, MI has the 4th lowest unemployment of the 4 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Lincoln Park, MI | 39,240 | $58,561 #4/4 | 4.4%/yr #1/4 | 8.4% #4/4 | 0.534 #4/4 |
| Allen Park, MI | 27,928 | $83,258 | 2.9%/yr | 4.8% | 0.487 |
| Wyandotte, MI | 24,450 | $71,275 | 4.0%/yr | 3.5% | 0.500 |
| Southgate, MI | 29,366 | $67,038 | 3.3%/yr | 4.2% | 0.491 |
Conclusion
Considering all these factors, Lincoln Park, Michigan has an overall wealth index grade of D, making it somewhat worse than Michigan, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Lincoln Park, Michigan.
How Rich Is Lincoln Park, Michigan?
Lincoln Park has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $58,561, about 20% lower than the Michigan average of $72,977.
How has median household income changed in Lincoln Park, Michigan?
Between 2009 and 2024, the median household income in Lincoln Park, Michigan rose 26%, from $46,348 to $58,561. Over the same years, income here lagged behind Michigan as a whole: +26% against +50%.
What was the median household income in Lincoln Park in 2023?
In 2023, the median household income in Lincoln Park, Michigan was $56,925, up 2% from $55,697 in 2022. The Michigan median that year was $71,362.
What was the median household income in Lincoln Park in 2020?
In 2020, the median household income in Lincoln Park, Michigan was $46,591. By 2024 it had risen 26% to $58,561.
Is unemployment high in Lincoln Park, Michigan?
Unemployment in Lincoln Park, Michigan is 8.4%, well above the Michigan rate of 5.7%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Lincoln Park, Michigan?
The Gini coefficient in Lincoln Park is 0.534. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Lincoln Park, Michigan?
Since 2009, the income gap between men and women in Lincoln Park, Michigan has narrowed from about 32% to 22% in 2024. Over that period the gap was widest at 32% in 2010, and was narrowest at 17% in 2018. In dollar terms, the gap has narrowed by $2,799 since 2009.
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