Lockwood

Population: 7,474
Median household income: $74,451
Median home value: $250,900

Lockwood is a community in Yellowstone County, Montana, home to 7,474 residents. Its median household income of $74,451 runs in line with the Yellowstone County figure of $74,400.

From 2019 to 2023, Lockwood's population declined 7.3% from 8,066 to 7,474, while its median home value rose 28.1% from $195,900 to $250,900.

The median resident is 36.1 years old. The largest age group is 25 to 34, 17.6% of residents.

Demographics

ACS 2019–2023

Population: 7,474
Median age: 36.1 yrs
Median household income: $74,451
Median home value: $250,900
Median gross rent: $995
Housing units: 2,871
Homeownership rate: 78.7%
Bachelor's degree or higher: 14.7%
Unemployment rate: 4.2%

Trends

ACS 5-year · 2019–2023

Population

8,0667,474

Median household income

$57,542$74,451

Median home value

$195,900$250,900

Median gross rent

$895$995

Year	Population	Median household income	Median home value	Median gross rent
2019	8,066	$57,542	$195,900	$895
2020	8,206	$62,572	$199,600	$853
2021	7,162	$65,824	$204,000	$932
2022	7,393	$73,625	$234,800	$1,062
2023	7,474	$74,451	$250,900	$995

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 56.4%

5 to 1716.4%

18 to 247.4%

25 to 3417.6%

35 to 4410.8%

45 to 5415.2%

55 to 6410.8%

65 to 7410.4%

75 and over5.1%

	Count	Share
Under 5	475	6.4%
5 to 17	1,226	16.4%
18 to 24	555	7.4%
25 to 34	1,315	17.6%
35 to 44	805	10.8%
45 to 54	1,136	15.2%
55 to 64	804	10.8%
65 to 74	777	10.4%
75 and over	381	5.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	6,102	81.6%
Black or African American	0	0.0%
American Indian & Alaska Native	270	3.6%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	503	6.7%
Hispanic or Latino (any race)	599	8.0%

Educational attainment (age 25+)

No high school diploma8.8%

High school graduate42.9%

Some college or associate's33.6%

Bachelor's degree11.6%

Graduate or professional degree3.1%

	Count	Share
No high school diploma	458	8.8%
High school graduate	2,239	42.9%
Some college or associate's	1,755	33.6%
Bachelor's degree	604	11.6%
Graduate or professional degree	162	3.1%

Commute to work

Mean travel time to work: 22 min

Drove alone79.2%

Carpooled12.5%

Public transit0.0%

Walked0.8%

Bicycle0.0%

Worked from home6.9%

Other means0.6%

How workers get to work

	Count	Share
Drove alone	2,960	79.2%
Carpooled	466	12.5%
Public transit	1	0.0%
Walked	31	0.8%
Bicycle	0	0.0%
Worked from home	256	6.9%
Other means	23	0.6%

Travel time

	Count	Share
Under 15 min	838	24.1%
15 to 29 min	2,010	57.7%
30 to 44 min	486	14.0%
45 to 59 min	0	0.0%
60+ min	147	4.2%

Households

Average household size: 2.72
Poverty rate: 14.4% (1,066 of 7,428)

	Count	Share
Family households	2,113	77.1%
Nonfamily households	628	22.9%

Housing

Median year structure built: 1982

Occupancy

	Count	Share
Occupied	2,741	95.5%
Vacant	130	4.5%

Tenure (of occupied units)

	Count	Share
Owner-occupied	2,156	78.7%
Renter-occupied	585	21.3%

1-unit, detached60.7%

1-unit, attached0.0%

2 to 4 units1.4%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other38.0%

Units in structure

	Count	Share
1-unit, detached	1,742	60.7%
1-unit, attached	0	0.0%
2 to 4 units	39	1.4%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	1,090	38.0%

Geography

Place GEOID: 3044200
Type (LSAD): 57
Land area: 13 sq mi
Water area: 0.49 sq mi
Center point: 45.8305, -108.3971