Living in Lockesburg, Arkansas

Cost of living, income, home prices, rent and demographics of Lockesburg · Census data 2020–2024

Lockesburg has 873 residents with a median age of 27.4. The median household income is $57,083 (6% lower than the Arkansas median), the median home value is $119,400, the median rent is $757/month.

Lockesburg is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Lockesburg at a glance

Population
873
Median age
27.4State: 38.5
Median household income
$57,083State: $60,773
Median home value
$119,400State: $188,000
Median rent
$757/moState: $947
Homeowners
52.1%
Bachelor's degree or higher
7.5%
Average commute
35 min

Is Lockesburg a good place to live?

Pros: Home values 36% lower than the state median; unemployment of 2%.

Cons: Median household income 6% lower than the Arkansas median; an average commute of 35 minutes; a poverty rate of 25.1%.

The weather is best in April–May and September–October.

Cost of living in Lockesburg

Housing is the biggest part of the cost of living. In Lockesburg the median home value is $119,400, 64% lower than the U.S. median. Renters pay a median of $757 per month, which is 24.1% of household income. Homeowners with a mortgage pay $1,100 a month in housing costs.

Median home value

Lockesburg$119,400
Arkansas$188,000
United States$332,700

Median monthly rent

Lockesburg$757
Arkansas$947
United States$1,413

Lockesburg median household income

The median household income in Lockesburg is $57,083 and the income per person is $24,089. 25.1% of residents live below the poverty line (Arkansas: 16%).

Median household income

Lockesburg$57,083
Arkansas$60,773
United States$80,734

Housing in Lockesburg: homes for sale and rent

Housing units
463
Owner-occupied
52.1%
Renter-occupied
47.9%
Vacant
32%Includes seasonal homes
Median year built
1979
Average household size
2.77

32% of homes are vacant most of the year, a sign that Lockesburg has many vacation and second homes.

Lockesburg demographics

Population
873
Median age
27.4
Under 18
36.3%
65 and older
8.4%
Households
315
Foreign-born
1.7%
Veterans
1.6%Adults 18+

Race and ethnicity

White86.4%
Hispanic or Latino4.4%
Black5.4%
Asian0%

Hispanic or Latino can be of any race. Population history of Lockesburg ›

Education in Lockesburg

7.5% of adults 25 and older in Lockesburg have a bachelor's degree or higher (Arkansas: 25.7%), and 4.2% have a graduate or professional degree.

Bachelor's degree or higher

Lockesburg7.5%
Arkansas25.7%
United States35.7%

Jobs and commute in Lockesburg

Unemployment rate
2%State: 4.9%
Average commute
35 minState: 23 min
Work from home
2.7%
Drive alone
73.3%
Public transit
0%
Walk to work
7%
Homes with broadband
84.8%

Lockesburg vs nearby towns

TownPopulationMedian incomeHome valueRent
Lockesburg873$57,083$119,400$757
Horatio1,196$45,750$122,700$861
Ben Lomond330$62,656$93,600—
De Queen6,058$52,522$109,600$757
Dierks728$22,188$100,200$479
Gillham147$55,833$93,000$563
Mineral Springs1,358$52,031$110,600$832
Wilton305$53,750$87,900—
Nashville4,063$41,142$167,600$690

More for people moving to Lockesburg

Lockesburg ZIP code ›Weather and climate ›

Living in Lockesburg: FAQ

What is the median household income in Lockesburg, AR?

The median household income in Lockesburg is $57,083, 6% lower than the Arkansas median of $60,773 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Lockesburg?

The median home value in Lockesburg is $119,400, compared with $188,000 in Arkansas.

How much is rent in Lockesburg?

The median gross rent in Lockesburg is $757 per month, about 24.1% of household income.

Is Lockesburg, AR a good place to live?

Pluses: home values 36% lower than the state median; unemployment of 2%. Minuses: median household income 6% lower than the Arkansas median; an average commute of 35 minutes; a poverty rate of 25.1%.

What is the median age in Lockesburg?

The median age in Lockesburg is 27.4 years (Arkansas: 38.5).

How long is the commute in Lockesburg?

The average commute to work in Lockesburg is 35 minutes; 2.7% of workers work from home.

What is the unemployment rate in Lockesburg?

The unemployment rate in Lockesburg is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Lockesburg?

7.5% of adults in Lockesburg have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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