Economy in Lincoln
Detailed economy data — sourced from authoritative datasets and normalized for direct comparison.
Economy in Lincoln, North Dakota
Lincoln boasts a diverse economy with a stable economic climate, benefiting from its role as a nexus for state government and higher education. Major employers include the State of Nebraska, Lincoln Public Schools, and the University of Nebraska-Lincoln. Healthcare is another significant industry, with the city's three largest hospitals employing thousands. Manufacturing also plays a role, with companies like Kawasaki, Burlington Northern Railroad, and Duncan Aviation providing jobs for over 5,000 community members. The city also has a burgeoning startup scene. Nebraska's economy is expected to expand modestly in 2024 and 2025, with job growth concentrated in services (including business services, healthcare, and leisure and hospitality), construction, and nondurable goods manufacturing. The unemployment rate in Lincoln was 2.6% in May 2026, which was lower than the national average.
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About Lincoln, North Dakota
Lincoln, Nebraska, the state capital and second-largest city, is home to over 300,000 residents and spans approximately 104 square miles. Situated between Chicago and Denver, it serves as a hub for governmental and educational institutions, including the University of Nebraska-Lincoln, which enrolls 24,000 students. The city's history dates back thousands of years, with American Indian tribes inhabiting the area along Salt Creek before westward settlers were drawn to the abundant salt deposits. Lincoln is recognized for its thriving economy, numerous amenities, and affordability, earning it a reputation as a desirable place to live. The city has experienced a consistent population growth rate of 1% to 1.5% over the last 50 years.
About North Dakota
North Dakota, located in the Upper Midwest, is characterized by its vast prairies, badlands, and a predominantly rural landscape, though its larger cities like Fargo and Bismarck are experiencing growth. The state's economy is primarily driven by agriculture, with approximately 90% of its land dedicated to farmland, producing crops like wheat, corn, and soybeans, alongside significant contributions from the energy sector, particularly oil and gas extraction from the Bakken oil shale fields. Living in North Dakota generally offers a lower cost of living, with housing costs and overall expenses typically below the national average. The climate features hot, short summers and long, cold, snowy winters, and the lifestyle is often described as slower-paced with a strong sense of community and abundant outdoor recreational opportunities.