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There are 12 USDA backed residential loans in Lincoln county with an average loan balance of $65,522. Over 66% of the loans helped first time home buyers. Borrowers were an average age of 40 years old. The typical appraised home value was around $65,662. On average the rural home size purchased with this loan was approximately 1,514 SqFt. Lincoln county applies the standard USDA income limits to determine loan eligibility. For a household of upto 4 people the income limit is $90,300. For a household of between 5 and 8 people the income limit is increased to $119,200.
The size of Lincoln County is roughly 1,865 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Lincoln County is 9. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Lincoln County, KS
* cities most likely to have USDA loan eligible properties for sale.
Ash Grove • *Barnard • Barton • *Beverly • Denmark • Edalgo • Goldenrod • Juniata • Lincoln • *Lincoln Center • Milo • Quartzite • Shady Bend • *Sylvan Grove • Vesper • Westfall • Wolf Creek
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Lincoln County.
Lincoln County is located in the great state of Kansas and was officially established on February 26, 1867. It was named in honor of President Abraham Lincoln, the 16th President of the United States, who was assassinated in 1865. The county is part of the Salina Micropolitan Statistical Area and has a rich history, being originally inhabited by Native American tribes such as the Arapaho, Cheyenne, and Pawnee.
In the 1860s, European American settlers began to move into the area, initially for hunting buffalo and farming. With the expansion of railroads and the Homestead Act of 1862, more people arrived to settle in Lincoln County. The county seat is located in the city of Lincoln Center.
One of the important historical events in Lincoln County was the Battle of the Arickaree Fork, also known as Beecher Island, which took place in September 1868. This battle was part of the Indian Wars and involved the US Army skirmishing with a group of Cheyenne, Sioux, and Arapaho warriors. The battle resulted in a tactical victory for the US Army, although both sides sustained significant casualties.
A fun fact about Lincoln County is that it is home to the "World's Largest Porch Swing," located in the city of Lincoln. This unique attraction is a giant yellow swing set that can hold up to 24 people, making it a popular photo opportunity and roadside stop for visitors.
The county's landscape includes rolling hills, and its economy has primarily been based on agriculture, with crops such as wheat, milo, and corn being grown in the fertile soil. In recent years, tourism has become a more significant contributor to the local economy.