Living in Lockney, Texas
Cost of living, income, home prices, rent and demographics of Lockney · Census data 2020–2024
Lockney has 1,752 residents with a median age of 45.6. The median household income is $54,698 (30% lower than the Texas median), the median home value is $82,600, the median rent is $718/month.
Lockney at a glance
- Population
- 1,752
- Median age
- 45.6State: 35.6
- Median household income
- $54,698State: $78,476
- Median home value
- $82,600State: $283,800
- Median rent
- $718/moState: $1,403
- Homeowners
- 80.4%
- Bachelor's degree or higher
- 11.2%
- Average commute
- 14 min
Is Lockney a good place to live?
Pros: Home values 71% lower than the state median; an average commute of 14 minutes.
Cons: Median household income 30% lower than the Texas median; unemployment of 8.6%; a poverty rate of 17.7%.
The weather is best in April–May and September–October.
Cost of living in Lockney
Housing is the biggest part of the cost of living. In Lockney the median home value is $82,600, 75% lower than the U.S. median. Renters pay a median of $718 per month, which is 25.8% of household income. Homeowners with a mortgage pay $1,276 a month in housing costs.
Lockney median household income
The median household income in Lockney is $54,698 and the income per person is $27,310. 17.7% of residents live below the poverty line (Texas: 13.8%).
Housing in Lockney: homes for sale and rent
- Housing units
- 803
- Owner-occupied
- 80.4%
- Renter-occupied
- 19.6%
- Vacant
- 13%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 2.48
Lockney demographics
- Population
- 1,752
- Median age
- 45.6
- Under 18
- 17.1%
- 65 and older
- 23.2%
- Households
- 699
- Foreign-born
- 10.5%
- Veterans
- 7.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Lockney ›
Education in Lockney
11.2% of adults 25 and older in Lockney have a bachelor's degree or higher (Texas: 33.8%), and 5.1% have a graduate or professional degree.
Jobs and commute in Lockney
- Unemployment rate
- 8.6%State: 5.3%
- Average commute
- 14 minState: 27 min
- Work from home
- 0%
- Drive alone
- 95.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 73.2%
Lockney vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lockney | 1,752 | $54,698 | $82,600 | $718 |
| Floydada | 2,588 | $52,826 | $89,700 | $664 |
| Seth Ward | 2,205 | $53,990 | $62,400 | $863 |
| Plainview | 19,711 | $44,768 | $113,000 | $851 |
| Petersburg | 699 | $51,250 | $72,700 | $642 |
| Hale Center | 2,037 | $57,083 | $76,200 | $594 |
| Kress | 642 | $30,357 | $87,600 | $770 |
| Silverton | 498 | $42,963 | $77,900 | $541 |
| Quitaque | 347 | $58,929 | $69,200 | $693 |
More for people moving to Lockney
Lockney ZIP code ›Weather and climate ›Living in Lockney: FAQ
What is the median household income in Lockney, TX?
The median household income in Lockney is $54,698, 30% lower than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lockney?
The median home value in Lockney is $82,600, compared with $283,800 in Texas.
How much is rent in Lockney?
The median gross rent in Lockney is $718 per month, about 25.8% of household income.
Is Lockney, TX a good place to live?
Pluses: home values 71% lower than the state median; an average commute of 14 minutes. Minuses: median household income 30% lower than the Texas median; unemployment of 8.6%; a poverty rate of 17.7%.
What is the median age in Lockney?
The median age in Lockney is 45.6 years (Texas: 35.6).
How long is the commute in Lockney?
The average commute to work in Lockney is 14 minutes; 0% of workers work from home.
What is the unemployment rate in Lockney?
The unemployment rate in Lockney is 8.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lockney?
11.2% of adults in Lockney 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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