Pros and Cons of Living In Lockport, Illinois. Is Lockport, IL a Nice Place To Live or Retire?

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Lockport, Illinois

Moving to Lockport In Illinois ? Is Lockport, IL a Nice Place To Live? Pros and Cons of Living in Lockport, Illinois. Find out the best and worst about to live, raise a family or retire in Lockport.

Lockport is a city in Will County, Illinois, United States, located 30 miles southwest of Chicago. Per the 2020 census, the population was 26,094. The city was incorporated in 1853. It is situated along the Illinois and Michigan (I&M) Canal, and was the headquarters of the canal when the canal was operating. A section of the canal runs through Lockport, including the remains of the canal's Lock No. 1 from which the town received its name. The canal right-of-way is now the Illinois and Michigan National Heritage Corridor.

DEMOGRAPHICS

Population
25499
Unemployment
3.4%
28% NAT AVG.
Poverty
7.1%
49% NAT AVG.
Cost Of Living
104
4% NAT AVG.

ECONOMICS

Median Home Cost
$244900
7% NAT AVG.
Median Income
$87817
30% NAT AVG.
Median Rent
$1305
13% NAT AVG.
Overall Score
9.5

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 14
Unemployed People
1 in 29
People Earning < $10,000
1 in 29
People Earning < $50,000
28.5%
People With Any Degree
1 in 2.1

ETHNICITY

Ethnicity Lockport USA
White 85% 60.1%
African American 2.2% 12.2%
American Indian 0% 0.6%
Asian 1.6% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.3% 2.8%
Hispanic 10% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Lockport USA
Less than $10,000 3.5% 5.8%
$10,000 to $14,999 2.8% 4.1%
$15,000 to $24,999 4.4% 8.5%
$25,000 to $34,999 5.8% 8.6%
$35,000 to $49,999 12% 12.0%
$50,000 to $74,999 13.7% 17.2%
$75,000 to $99,999 14.8% 12.8%
$100,000 to $149,999 23% 15.6%
$150,000 to $199,999 12.1% 7.1%

EDUCATION

Education Lockport USA
< 9th Grade 0% 5.0%
9-12th Grade 3% 7.0%
High School or GED 27% 27.0%
Other College 23% 20.0%
Associate's Degree 9% 9%
Bachelor's Degree 25% 20.0%
Master's Degree 11% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
Lockport is a city in Illinois state in USA with a population of 25499 residents.. The poverty rate of Lockport is 7.1%, which is 49% lower than national average. The typical household in Lockport earns $87817 a year, compared to the national median of $67,500. Nearly 28.5% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Lockport remained 3.4%, which is 28% lower than national rate.

Cost of living in Lockport is 104, which is 4% higher than national average. In Lockport, only 38% of adults have a bachelor's degree and 32% have some college but no degree. Median home value in Lockport is $244900 , which is 7% higher than national average. While median income in Lockport remained $87817, which is 30% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Lockport Scorecard

Jobs85%

Housing85%

Affordability80%

Safety90%

Amenities90%

Diversity70%

Education90%

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