Before then the town was known as Evergreen and was about one mile from the current site. Famous outlaw Bill Longley attended school there. Visitors will find two historical markers, two stores, a post office, the famious old Evergreen Tree at Lincoln Fertilizer, and St. John's Lutheran Church and School, which has been in operation since 1886.
Agriculture includes peanuts, corn, and cattle ranching.
The Elm Creek Cafe, four miles west of town, specializes in homemade onion rings and chicken fried steaks. The Lincoln baseball league includes Lincoln, Elm Creek, Serbin, Burton, and Warda. The Elm Creek Cafe is located four miles west of Lincoln on Highway 21.