Lockwood, MT Employment - Median Household Income, Unemployment Rate

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B-

7%

Income/capita NAT. AVG.

13%

Household income NAT. AVG.

39%

Unemployment NAT. AVG.

Index	Lockwood	Montana	National
Income per capita	$41,633	$39,875	$44,883
Median household income	$91,531	$71,326	$81,333
Median income owner occupied	$97,973	$88,680	$106,172
Median income renter occupied	$51,303	$45,249	$52,080
Median earnings male	$60,554	$47,130	$54,343
Median earnings female	$39,627	$32,153	$38,439
Unemployment rate	3.0%	3.8%	4.9%
Poverty level	17.3%	14.9%	15.1%

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Homes For Sale In Lockwood, MT

2224 U.S. Highway 87 E #27

Billings, MT

2733 Rockwood St

Billings, MT

2616 Old Hardin Rd #27

Billings, MT

1240 Maxer Dr

Billings, MT

Key findings

The income per capita in Lockwood is 7% lower than the national average
The median household income in Lockwood is 13% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Lockwood is 39% lower than the national average
The poverty level in Lockwood is 15% higher than the national average

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am i middle class

$61,014 $91,531 $183,062

City

$47,545 $71,326 $142,652

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Lockwood median earnings by income bracket

Lockwood employment by industry

Labour Type	Male	Female
Construction industry	15.1%	15.1%
Manufacturing sector	10.8%	10.8%
Financial & insurance services	0.8%	0.8%
Wholesale & retail services	10.6%	10.6%
Public administration	5.7%	5.7%
Transportation, warehousing & utilities	9.0%	9.0%
Education, health & social services	9.6%	9.6%
Other	34.9%	34.9%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Shepherd, MT	972	$190,796	134.6%
Billings, MT	113,244	$89,189	9.7%
Huntley, MT	539	$61,438	24.5%
Worden, MT	501	$0	100.0%
Ballantine, MT	363	$0	100.0%
Lockwood, MT	8,497	$91,531	12.5%

Cities with similar population

City	Population	Household Income	National Avg.
Hawthorn Woods, IL	8,495	$305,140	275.2%
Castle Shannon, PA	8,499	$97,406	19.8%
North Patchogue, NY	8,494	$156,760	92.7%
Mahtomedi, MN	8,493	$163,978	101.6%
Napoleon, OH	8,493	$73,533	9.6%
Lockwood, MT	8,497	$91,531	12.5%

Source: The Lockwood, MT employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.