Lockwood, MT demographics:
population, income, and more

Total population
7,181
-3.9% year-over-year change
Median household income
$75,700/yr
1.7% year-over-year change
Housing units
2,797
-2.6% year-over-year change

Lockwood population

How many people live in Lockwood

Lockwood is home to 7,181 residents, according to the most recent Census data. Gender-wise, 49.4% of Lockwood locals are male, and 50.6% are female.

Total population
7,181
-3.9% year-over-year change
Gender ratio
Male
49.4%
3,549
Female
50.6%
3,632
Value Percent YoY change
Male 3,549 49.4% -7.1%
Female 3,632 50.6% -0.6%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Lockwood is 38, with the population distributed as follows: about 19.3% are children under 15, then 10.2% are in the 15 to 24 age group. Adults between 25 and 44 make up 27.8% of the population, while another 25.9% fall into the 45 to 64 bracket. Finally, around 16.9% are 65 or older.

Median age
37.5
Age breakdown
Under 15
19.3%
15 to 24
10.2%
25 to 44
27.8%
45 to 64
25.9%
Over 65
16.9%
Value Percent YoY change
Under 15 1,383 19.3% -10.4%
15 to 24 732 10.2% 2.8%
25 to 44 1,997 27.8% -5.8%
45 to 64 1,857 25.9% -4.3%
Over 65 1,212 16.9% 4.7%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Lockwood, 98.8% of the population are US-born citizens, while 0.9% have gained naturalized citizenship. At the same time, 0.3% of residents are non-citizens. There’s also a share of 10.7% that includes residents with two or more races.

Citizenship
U.S.-born citizens
98.8%
Non-U.S.-born citizens
0.9%
Non-citizens
0.3%
Value Percent YoY change
U.S.-born citizens 7,095 98.8% -4.0%
Non-U.S.-born citizens 63 0.9% 1.6%
Non-citizens 23 0.3% -8.0%
Racial breakdown
White
84.7%
Black or African American
0%
American Indian and Alaska Native
4%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
10.7%
Other
0.6%
Value Percent
White 6,081 84.7%
American Indian and Alaska Native 288 4%
Two or more races 770 10.7%
Other 42 0.6%

Households in Lockwood

A peek inside Lockwood households

Lockwood has 2,676 households, with an average of 3 members in each. Of these, 76% are families, while the remaining 24% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
2,676
-2.4% year-over-year change
Average people per household
3
Non-family households
642
Family households
2,034
Value Percent YoY change
Non-family households 642 24% 2.2%
Family households 2,034 76% -3.7%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Lockwood

The housing landscape of Lockwood

Lockwood's housing consists of 2,797 units, with 60.3% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 38.2% of the housing landscape.

Housing units
2,797
-2.6% year-over-year change
Housing types
Value Percent
1 unit, detached 1,686 60.3%
2 units 14 0.5%
3 or 4 units 28 1%
Mobile home 1,069 38.2%
Homes built since 2020
19
% year-over-year change

The age of buildings in Lockwood

In Lockwood, the median construction year is 1980. About 1.2% of homes were built before the 1940s, with another 5.6% going up by 1949. Most development happened in the second half of the 20th century. Then, 11.4% of homes were added from 2000 to 2009, 10.4% between 2010 and 2019, and 0.7% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 35 1.2% 12.9%
Built between 1940 and 1949 156 5.6% -11.4%
Built between 1950 and 1959 120 4.3% 0.8%
Built between 1960 and 1969 161 5.8% 50.5%
Built between 1970 and 1979 947 33.9% 2.7%
Built between 1980 and 1989 363 13% -1.6%
Built between 1990 and 1999 385 13.8% -16.5%
Built between 2000 and 2009 319 11.4% -15.4%
Built between 2010 and 2019 292 10.4% -5.5%
Built in 2020 or later 19 0.7% N/A
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Lockwood occupancy rates

Out of the 2,676 occupied housing units in Lockwood, 75.8% are owner-occupied, while 24.2% are lived in by tenants. Meanwhile, 4.3% of all homes on the local market sit vacant.

Occupied housing units
2,676
-2.4% year-over-year change
Occupancy breakdown
Renter occupied
647
Owner occupied
2,029
Value Percent YoY
change
Renter occupied 647 24.2% 10.6%
Owner occupied 2,029 75.8% -5.9%
Unoccupied housing units
4.3%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Lockwood housing costs

Housing costs in Lockwood come to a median of $1,025 per month, while tenants specifically pay a median gross rent of $1,138.

Median housing costs per month
$1,025/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Lockwood
$1,138/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Lockwood

Lockwood education at a glance

About 51.8% of the population in Lockwood went to high school, while 21.3% pursued college studies. Another 10.9% earned an associate degree and 10.5% hold a bachelor’s. Meanwhile, 3.7% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 96 1.7% -27.8%
High school diploma 2,885 51.8% -5.6%
College diploma 1,186 21.3% -7.5%
Associate degree 606 10.9% 13.3%
Bachelor's degree 587 10.5% -3.0%
Graduate degree 208 3.7% 28.4%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Lockwood

How much people earn in Lockwood

The average annual household income in Lockwood was $95,100 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +3.6% change from the previous year. At the same time, the median income stood at $75,700, reflecting a +1.7% shift over the same period.

Average household income in Lockwood
$95,100/year
3.6% year-over-year change
Median household income in Lockwood
$75,700/year
1.7% year-over-year change

Lockwood income by age

In Lockwood, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $73,378. Those with someone between 45 and 64 in charge, often well established professionally, earn $92,177 overall. Overall, 89.2% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $73,378 -14.8%
45 - 64 $92,177 2.6%
Over 65 $68,816 15.1%
Above poverty level
6,330
Below poverty level
763
Value Percent YoY
change
Above poverty level 6,330 89.2% 0.0%
Below poverty level 763 10.8% -25.6%

Average renter income in Lockwood

To get a better sense of what renters earn on average in Lockwood, their median household income was $51,033 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 26.8%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$51,033
Rent-to-income ratio
26.8%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Lockwood

Workforce and job types in Lockwood

The job market in Lockwood is powered by 3,638 working residents, spread across a range of industries and roles. 67.7% of the working population are employed in professional or administrative positions, while 32.3% are in hands-on or service-based jobs. Also, 9.2% run their own businesses, 76.7% are employed by private companies, and 7.9% work in the public sector.

Workforce demographics

Working population
3,638
-5.1% year-over-year change
White collar
2,462
Blue collar
1,176
Value Percent YoY change
White collar 2,462 67.7% -8.4%
Blue collar 1,176 32.3% 2.6%
Employer type
Self employees
9.2%
Private companies
76.7%
Governmental workers
7.9%
Not for profit companies
6.2%
Value Percent YoY change
Self employees 335 9.2% -32.0%
Private companies 2,789 76.7% 1.2%
Governmental workers 289 7.9% -18.6%
Not for profit companies 225 6.2% -2.2%
Unemployment rate
4.4%
-0.6% year-over-year change

Available workforce

The unemployment rate in Lockwood stands at 4.4%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Lockwood

How people get around in Lockwood

Commuting methods vary: 89.8% of residents travel by personal vehicle and 1.4% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 3,160 89.8% -7.8%
Bus or trolleybus 1 0% 0.0%
Walk 49 1.4% 58.1%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

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FAQs about Lockwood demographics 

What is the total population of Lockwood?

Lockwood has a total population of 7,181 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -3.9% compared to a year ago.

What is the gender ratio in Lockwood?

The gender ratio in Lockwood is as follows:
  • 49.4% males (3,549 residents)
  • 50.6% females (3,632 residents)

What is the median age in Lockwood?

The median age in Lockwood is 37.5.

What is the age distribution of the population in Lockwood?

The age distribution in Lockwood is as follows:
  • Under 15: 19.3% (1,383 residents)
  • Ages 15-24: 10.2% (732 residents)
  • Ages 25-44: 27.8% (1,997 residents)
  • Ages 45-64: 25.9% (1,857 residents)
  • Over 65: 16.9% (1,212 residents)

What is the racial and ethnic makeup of Lockwood?

The racial and ethnic makeup of Lockwood is as follows:
  • White: 84.7% (6,081 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 4% (288 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 10.7% (770 residents)
  • Other: 0.6% (42 residents)

What percentage of the population in Lockwood are U.S.-born citizens?

U.S.-born citizens represent 98.8% of the population in Lockwood.

How many housing units are there in Lockwood?

There are 2,797 housing units in Lockwood, reflecting a -2.6% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Lockwood and what is the average household size?

Lockwood has a total of 2,676 households, with an average of 3 people in each.

What is the median household income in Lockwood?

Lockwood has a median household income of $75,700, representing a +1.7% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Lockwood?

The employment rate is 95.6% in Lockwood, with a workforce of 3,638 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 67.7% (2,462 residents)
  • Blue-collar workers: 32.3% (1,176 residents)

Places of employment:
  • Self-employed: 9.2% (335 residents)
  • Private companies: 76.7% (2,789 residents)
  • Governmental workers: 7.9% (289 residents)
  • Not-for-profit companies: 6.2% (225 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025