City:

Lincoln Park, MI

Lincoln Park is a city in the state of michigan with a population of roughly 36,697. It is in Wayne County, Michigan the Detroit-Warren-Dearborn, MI core-based statistical areas (CBSA), and the Detroit-Warren-Ann Arbor, MI combined statistical area (CSA).Its Zip codes include 48146 .

Trends in Home Prices in Lincoln Park, Michigan

Lincoln Park is a city located in Oakland County, Michigan. The population was 21,898 at the 2010 census. Lincoln Park is known for its large number of single-family homes and its proximity to downtown Detroit. The city has a strong economy based on the automotive industry and health care.

The history of Lincoln Park can be traced back to 1818 when the area was first surveyed by General Henry Dearborn. In 1837, landowner John Allen donated land for what would become the village of Lincoln Park. The village was incorporated as a town in 1847 and became known as "the Athens of America" because of its many colleges and universities. In 1871, Ford Motor Company opened its first plant in the United States here, and by 1925, it had become one of the world's largest manufacturers. Today, Lincoln Park is home to several major companies including DTE Energy, Quicken Loans Inc., Compuware Corporation and 3M Company.

The city's economy is based largely on two industries: automotive manufacturing and health care services. Automotive manufacturing accounts for more than 25% of the city's GDP; while health care services contribute more than 20%. These two industries have been key drivers of job growth in Lincoln Park over the past few years; as a result, unemployment rates have remained low (below 5%) throughout most of this period. In addition to these traditional sectors, there are also growing sectors such as information technology (IT) and biotechnology that are contributing to the city's economy growth.

One important factor that has helped keep unemployment rates low in Lincoln Park is its strong economy based on traditional sectors such as automotive manufacturing and health care services; while new sectors such as IT and biotechnology are also contributing to job growth in the city over time

Price Index: Detroit-Dearborn-Livonia, MI (MSAD)

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