Lockport, Illinois Median Income

Lockport, Illinois has a population of 26,000, with a median household income of $103,245.

Current median income data for Lockport.

$103,245

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Population

26,000

💰

Median Income

$103,245

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Unemployment

4.80%

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Housing Price

$452,110

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Crime Rate

2.20

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Internet Speed

240.00 Mbps

Lockport is a smaller urban community located in Illinois. The city has a population that is above the average city population in Illinois, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Lockport is a notable city in Illinois, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Lockport has a population of 26,000, which is higher than the state average. This indicates a relatively larger urban presence within Illinois.

Income and Economy

The median household income in Lockport is $103,245, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Lockport average around $452,110, which is relatively high compared to other cities in Illinois.

Employment and Safety

The unemployment rate in Lockport is 4.80%, which is lower than the state average, indicating a relatively strong job market. Lockport has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Illinois, Lockport shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Lockport offers a balanced mix of economic conditions, population trends, and housing opportunities within Illinois.

Frequently Asked Questions about Lockport

What is the population of Lockport?

The population of Lockport is approximately 26,000.

Is Lockport a good place to live?

Lockport offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Lockport?

The median household income in Lockport is around $103,245.

How expensive is housing in Lockport?

The average housing price in Lockport is approximately $452,110.