Lockney, TX

Full City Profile · Texas · Floyd County County

3.3 /5.0
B Good
1,602 Population 1,034/sq mi density
$58,333 Median Income $26,732 per capita
$88,400 Home Value $107,124 Zillow
$738 Median Rent 27.7% income on rent
60°F Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$58,333 median income, 7.6% unemployment
A+
Affordability
5.0 / 5.0
$88,400 home value, $738/mo rent
C
Education
2.1 / 5.0
13.8% bachelor's degree or higher

Lockney, TX

At a Glance

Median Income
$58,333
22% below
$26,732 per capita
Home Value
$88,400
69% below
Zillow: $107,124
Median Rent
$738/mo
37% below
27.7% of income on rent
Bachelor's Degree+
13.8%
59% below
71.8% high school+
Unemployment
7.6%
111% above
15.7% poverty rate
Obesity Rate
38.6%
20% above
14.3% smoking rate
Avg Temperature
60°F

How Lockney Compares to the U.S. Average

Each bar shows Lockney's value as a percentage of the national average (100% = U.S. avg)

Income
78%
Home Value
31%
Rent
63%
Poverty
127%
Bachelor's
41%
Unemployment
211%
Thin vertical line = U.S. national average (100%)

Is Lockney a Good Place to Live?

B
3.3 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lockney residents earn a median household income of $58,333 , which is 22% below the national average of $75,149. Per capita income is $26,732. The unemployment rate stands at 7.6% (111% above the U.S. rate of 3.6%). 15.7% of residents live below the poverty line. The area is home to 244 business establishments, including 10 restaurants.

Housing & Cost of Living

The median home value in Lockney is $88,400 , 69% below the national median of $281,900. Zillow estimates the typical home at $107,124. Median rent is $738/month, with 27.7% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 1959.

Education

13.8% of adults in Lockney hold a bachelor's degree or higher (59% below the national average). 71.8% have completed high school. Local schools score 4.4/10 in standardized testing.

Climate & Weather

Lockney has an average annual temperature of 60°F (15°C). Winters average 39°F in January while summers reach 80°F in July. Annual precipitation totals 20.2 inches.

Data Overview

People

Population1,602
Median Age48.6 yrs
Density1,034/mi²
Male / Female46% / 54%
Foreign Born11.7%
Veterans4.6%

Economy

C+
Median Income$58,333
Per Capita$26,732
Unemployment7.6%
Poverty15.7%
County GDP$388M
Avg Weekly Wage$891

Housing

A+
Home Value$88,400
Rent$738
Ownership84.9%
Zillow$107,124
Housing Units728
Rent Burden27.7%

Health

Obesity38.6%
Diabetes13.6%
Smoking14.3%
Heart Disease5.9%
Premature Death10,824/100K

Climate

Avg Temp60°F
Rain20.2 in/yr
Elevation3,279 ft

Education

C
Bachelor's+13.8%
High School+71.8%
Graduate+4.0%
School Score4.4/10

Community

2024 VoteR 82% / D 17%
Commute15 min
Broadband67.5%
Internet Speed22 Mbps
EV Stations2
Libraries2

Did You Know?

The median home in Lockney was built in 1959.
The nearest airport is Lubbock Preston Smith International (38 miles).
The Gini coefficient (income inequality) is 0.541 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
22.6% of the population has a disability.
11.7% of residents are foreign-born.
The county recorded 4 fatal vehicle crashes.