Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Schools
Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.
Located in the state of Montana, Lockwood is a smaller city with a population of 8,206 inhabitants. At 90%, the majority of the Lockwood population is White; this is followed by 3% American Indian and Alaskan and 0% Black.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Lockwood, Montana could be a fulfilling experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. To help you find the best places to live in and around Lockwood, AreaVibes has created a livability score using key metrics like amenities, crime, education and more.
Lockwood, MT receives 61 out of 100 for its livability score; this results in a ranking of #182 in Montana and #16,408 in the USA. For each of the livability categories, we see that Lockwood ranks very well for cost of living (A+) and housing (A). There is at least one category that did not score well in Lockwood. The following was graded with a concerning score: amenities (F) and education (F).
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Lockwood market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Lockwood real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Lockwood. The median home price for Lockwood homes is $199,600, which is 0.1% lower than the Montana average. If we take a closer look at the affordability of homes in Lockwood, we’ll see that the home price to income ratio is 3.2, which is 22% lower than the Montana average.
| Statistic | Lockwood | Montana | National |
| Average one way commute | 22min | 18min | 26min |
| Workers who drive to work | 82.6% | 75.1% | 76.4% |
| Workers who carpool | 12.8% | 10.2% | 9.3% |
| Workers who take public transit | 0.5% | 0.8% | 5.1% |
| Workers who bicycle | 0.0% | 1.4% | 0.6% |
| Workers who walk | 0.2% | 5.1% | 2.8% |
| Working from home | 3.7% | 6.3% | 4.6% |
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