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CITY · 2020 ACS

Lockwood

Montana · 7,195 residents · 12.855 sq mi
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The short version

Lockwood has roughly average household income, with a median household income of $62,572. The city has grown rapidly, with population up 67% since 2000. 18% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has roughly tripled since 2000, reaching $199,600.

At a glance
Lower income
below the US median
US median: $66,278
Younger
median age 37.1
US median: 38.8
Less educated
18% hold a bachelor's degree
US average: 33%
Less affordable
home values up 123%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
7,195
+67%since 2000
from 4,306 in 2000
1990 – 2024
Median age
37.1
+9%since 2000
from 33.9 in 2000
US average: 38.8
Population, 1990 – 2024
4K5K6K7K8K1990201020202024Lockwood
20247K
1990201020202024
Age distribution, 2020
Under 56.3%(456)
US avg: 5.6%
5 to 97.4%(536)
US avg: 6.1%
10 to 149%(644)
US avg: 6.5%
15 to 196.8%(486)
US avg: 6.6%
20 to 244.6%(331)
US avg: 6.7%
25 to 3413%(938)
US avg: 13.5%
35 to 4413%(932)
US avg: 12.7%
45 to 5411.7%(839)
US avg: 12.3%
55 to 6414.3%(1,031)
US avg: 13.1%
65 to 749%(649)
US avg: 10%
75 to 844.1%(295)
US avg: 4.9%
85 and over0.8%(58)
US avg: 1.9%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 02

Income & economy

Median household income
$62,572
+20%inflation adjusted, since 2000
from $34,768 in 2000
US average: $66,278
1990 – 2024
Per capita income
$27,468
+88%since 2000
from $14,579 in 2000
US average: $35,364
Households earning $100K+
40.4%
+23.9 ptssince 2009
from 16.5% in 2009
US average: 43.9%
Poverty rate
17.3%
+7.9 ptssince 2000
from 9.4% in 2000
US average: 12.8%
Workforce by industry, 2020
Information12.7%
US avg: 11.1%
Wholesale trade7.9%
US avg: 6.7%
Retail trade6.4%
US avg: 10%
Finance & insurance4.6%
US avg: 5.5%
Agriculture, forestry, fishing4.2%
US avg: 1.7%
Other services3.7%
US avg: 6.6%
Professional, scientific, technical3.3%
US avg: 4.7%
Public administration3.3%
US avg: 4.7%
Manufacturing2.9%
US avg: 0.5%
Transportation & warehousing2.5%
US avg: 2.5%
Arts, entertainment, food2.3%
US avg: 2%
Education & health services1.3%
US avg: 0.8%
Construction1.2%
US avg: 1.2%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03

Housing

Median home value
$199,600
+123%inflation adjusted, since 2000
from $59,500 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$853
+16%inflation adjusted, since 2000
from $488 in 2000
US average: $1,124
Owner-occupied
77.9%
−4.5 ptssince 2000
from 82.4% in 2000
22.1% rent
Afford Score
3.2
+37%since 2009
from 2.3 in 2009
2009 – 2024
Our index: median home value divided by median household income. Lower is more affordable.
RELATED:See current rent listings in Lockwood on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic90.9%(3,916)
Black0.5%(20)
Hispanic / Latino3.7%(161)
Asian0.3%(12)
Other0%
2020
White, non-Hispanic81.3%(5,852)
Black0.4%(31)
Hispanic / Latino6.5%(468)
Asian0.3%(25)
Other5.4%(387)

No data for the years selected.

Section 04 · Origins

Detailed origins & ancestry

Hispanic origin
Mexican6.4%(527)
Peruvian0.4%(36)
Paraguayan0.3%(27)
Honduran0.2%(18)
Ancestry
German19.3%(1,584)
Irish17.5%(1,439)
English10.7%(875)
Norwegian10.5%(858)
American5.6%(461)
Italian5.3%(434)
Swedish3.5%(289)
Scottish3.1%(256)
Welsh2.4%(201)
Ukrainian2.2%(184)
French2%(164)
Polish2%(163)
+ 13 more ancestry groups with data
Scotch-Irish1.6%(129)
Finnish1.5%(122)
Canadian0.9%(70)
Dutch0.6%(53)
Russian0.5%(38)
Greek0.3%(24)
Austrian0.2%(19)
Croatian0.1%(11)
Lithuanian0.1%(11)
British0.1%(7)
RANKED:Largest German population · Largest Irish population · Largest English population · Largest Norwegian population · Largest Mexican population
Section 05

Education

Bachelor's degree or higher
17.8%
+1.1 ptssince 2000
from 16.7% in 2000
US average: 32.9%
High school or higher
92.9%
+10.5 ptssince 2000
from 82.4% in 2000
US average: 88.5%
Graduate degree
2.9%
−0.5 ptssince 2000
from 3.3% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
21.8 min
+102%since 2000
from 10.8 min in 2000
US average: 26.9
Drive alone to work
82.6%
−3.1 ptssince 2009
from 85.6% in 2009
US average: 75.1%
No vehicle available
4.8%
+0.7 ptssince 2009
from 4.1% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
4.0%
−3.6 ptssince 2011
from 7.6% in 2011
US average: 5.4%
Labor force participation
70.8%
−4.9 ptssince 2011
from 75.7% in 2011
US average: 63.4%
Management & professional
27.7%
−20.6 ptssince 2009
from 48.3% in 2009
US average: 39.3%
Section 08

People & community

Male
51.3%
−2.2 ptssince 2009
from 53.5% in 2009
Female
48.7%
+2.2 ptssince 2009
from 46.5% in 2009
Foreign born
2.0%
+2.0 ptssince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
5.6%
−76.7 ptssince 2013
from 82.3% in 2013
US average: 8.8%
Marital status (2024)
Men 15+
Never married32.1%(932)
Married51.6%(1,498)
Widowed1.2%(34)
Divorced15.2%(440)
Women 15+
Never married27.5%(795)
Married51.2%(1,483)
Widowed8.5%(245)
Divorced12.8%(371)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Drill deeper

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Compare Lockwood to nearby cities

LOCKWOOD VS
Billings
Income$73,712+18%
Home value$343,400+72%
Population121,239+1588%
SEE FULL COMPARISON →
LOCKWOOD VS
Cody
Income$72,570+16%
Home value$378,500+90%
Population10,377+45%
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LOCKWOOD VS
Sheridan
Income$62,867same
Home value$340,600+71%
Population20,015+179%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lockwood, Montana?

Lockwood, Montana has about 7,195 residents according to the 2020 American Community Survey.

What is the median household income in Lockwood, Montana?

The typical household in Lockwood, Montana earns about $62,572 a year. Half of households make more than that, and half make less.

Is Lockwood, Montana expensive?

In Lockwood, Montana, the median home is worth about $199,600, and the typical rent is about $853 a month.

How educated are people in Lockwood, Montana?

About 17.8% of adults age 25 and over in Lockwood, Montana hold a bachelor's degree or higher.

What is the poverty rate in Lockwood, Montana?

About 17.3% of people in Lockwood, Montana live below the federal poverty line.

Has Lockwood, Montana grown since 1990?

Yes, Lockwood, Montana has grown since 1990. The population has added about 3,228 residents, a change of about 81 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →