Lockwood CDP
Montana
Lockwood, Montana, offers a refreshing alternative for those seeking affordability without sacrificing lifestyle. With a population of just under 7,400, this community exudes a friendly, small-town atmosphere, yet it's conveniently located near the amenities of Billings. The real draw? The housing market. Here, the median home value hovers around $235,000, a significant bargain compared to the national median. This makes Lockwood an attractive option for first-time homebuyers or those looking to stretch their real estate dollar further. Coupled with a median household income that nearly matches the national average, Lockwood offers a solid foundation for a comfortable life.
From an investment perspective, Lockwood presents a compelling case. While specific employment figures aren't available, the strong median household income indicates a healthy local economy. The area's affordability and close proximity to Billings suggest a good potential for property appreciation. Lockwood is ideal for families, young professionals, and anyone seeking a secure, budget-friendly place to call home.
Lockwood CDP, Montana at a Glance
Lockwood CDP is a neighborhood in Montana with a population of approximately 7,393. The median home value is $234,800 and the median household income is $73,625. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 0.9 per 1,000 residents, which is 75% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively High." Median rent is $1,062 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$234,800
Median Income
$73,625
Population
7,393
Walk Score
0
Air Quality
AQI 35
Good
Climate Risk
Relatively High
Fair
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- Population
- 7,393
- Median Age
- N/A
- Median Household Income
- $73,625
Near nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 13.3%
7% above nat'l avg
- Median Home Value
- $234,800
17% below nat'l avg
- Median Rent
- $1,062
9% below nat'l avg
- Homeownership Rate
- 75.2%
14% above nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 0.9 per 1K
75% below nat'l avg
- Property Crime Rate
- 0.5 per 1K
97% below nat'l avg
- AQI
- 35
17% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively High
- Risk Score
- 90.84
Top Hazards
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 12.5¢/kWh
25% below nat'l avg
- Est. Monthly Electric
- $113
18% below nat'l avg
- Unemployment Rate
- 3.8%
3% above nat'l avg
- Poverty Rate
- 13.3%
7% above nat'l avg
Weather & Climate in Lockwood CDP
Avg High
47°F
Avg Low
29°F
Annual Rainfall
28.9"
Avg Humidity
62%
Political Landscape
→ Politically stable
Based on Judith Basin County county-level presidential election data
Culture & Things to Do in Lockwood CDP
Magic City Blues Festival
Annual blues music festival held in Billings.
MontanaFair
A multi-day fair with agricultural exhibits, carnival rides, and entertainment.
Billings Studio Tour
A self-guided tour of local artists' studios.
Christmas Stroll
Annual holiday event with shopping, lights, and activities in downtown Billings.