Lockwood: Basic Facts

The average family unit size in Lockwood, MT is 2.97 residential members, with 76.5% owning their own domiciles. The mean home cost is $178630. For people leasing, they spend an average of $895 per month. 54.3% of homes have two incomes, and an average household income of $57542. Median income is $34357. 12.9% of town residents survive at or below the poverty line, and 11.2% are disabled. 10.7% of inhabitants are veterans associated with the US military.

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The labor pool participation rate in Lockwood is 72.1%, with an unemployment rate of 3.4%. For the people in the labor force, the typical commute time is 21.5 minutes. 3.5% of Lockwood’s population have a masters degree, and 15.3% have earned a bachelors degree. Among the people without a college degree, 29.9% have some college, 43% have a high school diploma, and only 8.3% have received an education significantly less than twelfth grade. 9.1% are not covered by health insurance.