What is the population of Lockwood CDP?

Lockwood CDP has 7,474 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #17 of 497 in Montana.

What is the median household income in Lockwood CDP?

Median household income in Lockwood CDP is $74,451 a year, 5.2% below the national figure of $78,538.

How much does it cost to rent or buy in Lockwood CDP?

Median gross rent is $995 a month and the median home value is $250,900, so rent absorbs about 16% of median household income.

Is Lockwood CDP affordable compared with the rest of the US?

Homes cost about 3.4× the local median income here versus roughly 3.9× nationally, so Lockwood CDP is more affordable to buy in than the typical US market, and rent takes 16% of median income against the 30% cost-burden line.

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Montana · Census place 44200

Lockwood, MT population, income and ZIP codes

Quick answer

The population of the city of Lockwood, Montana (Lockwood, MT — Census place “Lockwood CDP”) is 7,474 residents, ranking #17 of 497 places in Montana. Median household income is $74,451, the median home is worth $250,900 and median gross rent runs $995 a month. Looking for the Lockwood Montana ZIP code list? 1 ZIP codes serve Lockwood, MT: 59101.

Population: 7,474Lockwood CDP residents
Median household income: $74,451Past 12 months, inflation adjusted
Median home value: $250,900Owner-occupied units
Median gross rent: $995Rent plus utilities, monthly
Median age: 36.1 yrsAll residents
Homeownership rate: 78.7%Owner-occupied households

Lockwood ZIP codes (Montana)

Census ZCTAs whose delivery area overlaps Lockwood.

The Lockwood MT ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

59101

What the numbers mean in Lockwood CDP

Housing cost measured against local earnings.

A household earning the Lockwood CDP median would spend about 16% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.4% of residents and 78.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Lockwood CDP, MT in context

How this area compares with national benchmarks.

Lockwood CDP is a mid-size town in Montana, with 7,474 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #17 of 497 ranked by population — larger than 96% of them. The median age here is 36.1 years against 39.1 nationally, a slightly younger profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Lockwood CDP earn a median of $74,451 a year, 5.2% below the national figure of $78,538 and 18% above the $62,992 median for the 94 Montana cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 14.4% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Lockwood CDP is valued at $250,900, 17.3% below the national figure and within a couple of points of the $250,900 peer median, while median gross rent runs $995 a month, 29.2% below the national figure, or roughly $11,940 across a full year. A household on the local median income would put about 16% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.4×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 78.7% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Montana.

More Montana coverage.

Frequently asked questions

Common questions about this area.

What is the population of Lockwood CDP?: Lockwood CDP has 7,474 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #17 of 497 in Montana.
What is the median household income in Lockwood CDP?: Median household income in Lockwood CDP is $74,451 a year, 5.2% below the national figure of $78,538.
How much does it cost to rent or buy in Lockwood CDP?: Median gross rent is $995 a month and the median home value is $250,900, so rent absorbs about 16% of median household income.
Is Lockwood CDP affordable compared with the rest of the US?: Homes cost about 3.4× the local median income here versus roughly 3.9× nationally, so Lockwood CDP is more affordable to buy in than the typical US market, and rent takes 16% of median income against the 30% cost-burden line.
How current is this Lockwood CDP data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.