Living in Lockwood, Missouri

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

Lockwood has 821 residents with a median age of 53.1. The median household income is $44,375 (37% lower than the Missouri median), the median home value is $117,700, the median rent is $735/month.

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

Lockwood at a glance

Population
821
Median age
53.1State: 39
Median household income
$44,375State: $70,702
Median home value
$117,700State: $230,300
Median rent
$735/moState: $1,033
Homeowners
72.2%
Bachelor's degree or higher
15.9%
Average commute
19 min

Is Lockwood a good place to live?

Pros: Home values 49% lower than the state median; an average commute of 19 minutes; unemployment of 1.3%.

Cons: Median household income 37% lower than the Missouri median; a poverty rate of 17.3%.

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

Cost of living in Lockwood

Housing is the biggest part of the cost of living. In Lockwood the median home value is $117,700, 65% lower than the U.S. median. Renters pay a median of $735 per month, which is 27.8% of household income. Homeowners with a mortgage pay $990 a month in housing costs.

Median home value

Lockwood$117,700
Missouri$230,300
United States$332,700

Median monthly rent

Lockwood$735
Missouri$1,033
United States$1,413

Lockwood median household income

The median household income in Lockwood is $44,375 and the income per person is $24,044. 17.3% of residents live below the poverty line (Missouri: 12.6%).

Median household income

Lockwood$44,375
Missouri$70,702
United States$80,734

Housing in Lockwood: homes for sale and rent

Housing units
442
Owner-occupied
72.2%
Renter-occupied
27.8%
Vacant
24.4%Includes seasonal homes
Median year built
1965
Average household size
2.20

Lockwood demographics

Population
821
Median age
53.1
Under 18
12.2%
65 and older
29.8%
Households
334
Foreign-born
2.2%
Veterans
7.2%Adults 18+

Race and ethnicity

White89.6%
Hispanic or Latino3%
Black0%
Asian0.6%

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

Education in Lockwood

15.9% of adults 25 and older in Lockwood have a bachelor's degree or higher (Missouri: 32.4%), and 5.7% have a graduate or professional degree.

Bachelor's degree or higher

Lockwood15.9%
Missouri32.4%
United States35.7%

Jobs and commute in Lockwood

Unemployment rate
1.3%State: 4%
Average commute
19 minState: 24 min
Work from home
2%
Drive alone
81.3%
Public transit
0%
Walk to work
7.3%
Homes with broadband
86.2%

Lockwood vs nearby towns

TownPopulationMedian incomeHome valueRent
Lockwood821$44,375$117,700$735
South Greenfield138$26,250$87,700—
Greenfield1,229$36,420$86,600$574
Golden City708$44,167$79,300$781
Miller769$56,371$100,400$1,036
Everton223$37,667$69,500$738
Jerico Springs279$65,417$58,500$479
Dadeville234$85,000$137,500$600
Lamar4,284$36,705$117,200$832

More for people moving to Lockwood

Lockwood ZIP code ›Weather and climate ›

Living in Lockwood: FAQ

What is the median household income in Lockwood, MO?

The median household income in Lockwood is $44,375, 37% lower than the Missouri median of $70,702 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Lockwood?

The median home value in Lockwood is $117,700, compared with $230,300 in Missouri.

How much is rent in Lockwood?

The median gross rent in Lockwood is $735 per month, about 27.8% of household income.

Is Lockwood, MO a good place to live?

Pluses: home values 49% lower than the state median; an average commute of 19 minutes; unemployment of 1.3%. Minuses: median household income 37% lower than the Missouri median; a poverty rate of 17.3%.

What is the median age in Lockwood?

The median age in Lockwood is 53.1 years (Missouri: 39).

How long is the commute in Lockwood?

The average commute to work in Lockwood is 19 minutes; 2% of workers work from home.

What is the unemployment rate in Lockwood?

The unemployment rate in Lockwood is 1.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Lockwood?

15.9% of adults in Lockwood 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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