Everything You Should Know Before Moving to Lockwood, MT
Thinking of moving to Lockwood, MT? With a population of just over 8,000, Lockwood offers affordable living with median home prices around $310,000 and average rents near $1,200. Residents enjoy short commutes averaging 18 minutes and access to quality local schools. While property crime rates are higher than average, Lockwood’s community offers small-town charm, nearby healthcare in Billings, and a sunny, dry climate with over 59% sunny days a year—making it a welcoming option for families and newcomers alike.
Demographics - Lockwood, MT
Demographics - Lockwood, MT
Lockwood, Montana is home to about 8,060 residents, with a median age of 38 and a balanced gender ratio. The community is predominantly White, with small Native American and Hispanic populations, and only 4% of residents speak a language other than English at home.
Population:
8,060
Density:
570 per sq mi
Median Age:
38.1
Gender Ratio:
101 males per 100 females
Non-English Speakers Percentage:
4.0%
Ethnic Composition
White:
92.1%
Others:
1.1%
Cost Of Living
What is the average cost of living in Lockwood, MT?
Lockwood offers a cost of living slightly below the national average, with median home values around $310,000 and average rent at $1,200 per month. Daily expenses such as groceries, utilities, and transportation are also affordable, making the area attractive for families and individuals seeking budget-friendly living.
Median House Value:
$310,000
Gross Rent:
$1,200
Monthly Electricity Charges:
$105
Auto Insurance:
$1,020
House Owner Cost With Mortgage:
$1,520
House Owner Cost Without Mortgage:
$460
State Taxes:
Low:
1.0%
|
High:
6.9%
Cost Of Living Index:
98.1
Grocery:
97.5
Housing:
94.0
Utilities:
93.1
Transportation:
95.2
Health Care:
96.4
Miscellaneous:
97.0
Crime
Is Lockwood, MT a safe place to live?
Lockwood experiences a moderate crime rate, with property crimes more common than violent crimes. Residents have a 1 in 41 chance of property crime and a 1 in 385 chance of violent crime, so it's wise to take standard precautions, but many find the area’s small-town atmosphere reassuring.
Violent Crimes Per 100k:
260
Property Crimes Per 100k:
2,440
Crime Index:
2,700
Chance Of Violent Crime:
1 in 385
Chance Of Property Crime:
1 in 41
Weather
What is the weather like in Lockwood, MT year-round?
Lockwood enjoys a sunny, dry climate with 59% of days being sunny and only about 15 inches of annual rainfall. Winters can be cold, with lows around 14°F, while summers are warm and pleasant, reaching highs near 88°F—ideal for those who appreciate distinct seasons.
Winter
Min:
14°F
Max:
34°F
Spring
Min:
35°F
Max:
62°F
Summer
Min:
55°F
Max:
88°F
Fall
Min:
36°F
Max:
65°F
Average Rainfall Inches:
15.1 inches
Sunny Days Percentage:
59%
Neighbors
Residents in Lockwood benefit from a median household income of $65,700 and a relatively low unemployment rate of 3.9%. The population is well-educated, with over 91% having completed high school, and commutes are typically short, averaging just 18 minutes.
Median Income:
$32,000
Household Income:
$65,700
Family Income:
$74,800
Per Capita Income:
$28,100
Income Male:
$41,800
Income Female:
$34,600
Poverty Rate:
11.5%
Non English Speakers:
4.0%
Rent:
$1,200
Unemployment Rate:
3.9%
Public Transport Usage:
0.5%
Commute Time:
18.2 minutes
Education
High School or Higher:
91.8%
Bachelors or More:
19.2%
Education
How are the schools in Lockwood, MT?
Lockwood offers quality public schools with favorable student-teacher ratios, and local students have access to higher education at nearby Montana State University Billings and Rocky Mountain College. The community is supportive of education, with a high rate of high school graduates and a variety of academic opportunities.
Public Schools
Name:
Lockwood Elementary School
Street:
1932 US Hwy 87 E
Phone:
406-252-2776
Students:
700
Student Teacher Ratio:
15.5
Name:
Lockwood Middle School
Street:
1932 US Hwy 87 E
Phone:
406-252-2776
Students:
400
Student Teacher Ratio:
15.5
Name:
Lockwood High School
Street:
1932 US Hwy 87 E
Phone:
406-252-2776
Students:
400
Student Teacher Ratio:
16.2
Colleges
Name:
Montana State University Billings
City:
Billings
State:
MT
Distance:
4 miles
Students:
4,400
Name:
Rocky Mountain College
City:
Billings
State:
MT
Distance:
7 miles
Students:
1,000
Healthcare
Lockwood residents have convenient access to major hospitals and healthcare services in nearby Billings, including Billings Clinic and St. Vincent Healthcare. With 2.1 physicians per 1,000 people and nearly 90% of residents insured, the community enjoys solid healthcare options and coverage.
Major Hospitals
Name:
Billings Clinic
Address:
2800 10th Ave N, Billings, MT 59101
Phone:
(406) 238-2500
Type:
General & Surgical
Emergency Services:
Yes
Name:
St. Vincent Healthcare
Address:
1233 N 30th St, Billings, MT 59101
Phone:
(406) 657-7000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.1
Health Insurance Coverage:
89.9%
Health Care Index:
70.3
Housing Market
What is the housing market like in Lockwood, MT?
The housing market in Lockwood is stable, featuring a median home price of $310,000 and a strong owner-occupied rate at 72.5%. Renters pay about $1,200 for a two-bedroom, and the area sees low foreclosure and vacancy rates, making it an appealing choice for both buyers and renters.
Median Home Price:
$310,000
Average Rent For 2 Bedroom:
$1,200
Owner Occupied Rate:
72.5%
Rental Vacancy Rate:
6.1%
Home Appreciation Rate (1yr):
6.3%
New Construction Rate:
1.5%
Foreclosure Rate:
0.3%
DMV Information
Vehicle registration and licensing in Lockwood are managed by the Montana Motor Vehicle Division, with the main office located in Helena. Residents can find information, resources, and services online or by contacting the state DMV directly.
State:
Montana
Department:
Montana Motor Vehicle Division
Address:
302 N Roberts, Helena, MT 59620
Phone:
1-406-444-3933
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.