Lockesburg, AR
Population 772 · Arkansas
About Lockesburg, AR
Lockesburg is a small community located in Arkansas with a population of 772 residents according to the latest US Census Bureau American Community Survey data. The median household income is $58,313 per year, which is 22% below the national median of $75,149. The median age of 26.5 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Lockesburg features a median home value of $116,300, which is 53% below the national median of $244,900. This makes Lockesburg one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $789, 32% below the national average of $1,163/month. Of the 411 total housing units, 56% are owner-occupied (152 units) and 44% are renter-occupied (119 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Lockesburg shows an unemployment rate of 3.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 21.8%, above the national average of 12.4%. Workers in Lockesburg have an average one-way commute time of 30.1 minutes.
Education & Demographics
10.8% of Lockesburg residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.9% White, 2.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.9% of the population being foreign-born.
Cost of Living in Lockesburg, AR
Compared to national averages, Lockesburg has a median household income of $58,313 (22% below the national median of $75,149). Home values average $116,300, which is 53% below the national median. Monthly rent at $789 is 32% below the US average of $1,163. Within Arkansas, Lockesburg's income is 12% above the state average of $52,241, and home values are 7% below the state median of $125,457.
Why Live in Lockesburg, AR?
Lockesburg offers affordable housing with a median home value of $116,300, below the US average of $244,900, and rent that’s lower than the national average at $789/month, and a strong job market with an unemployment rate of just 3.1%.
Potential considerations include median household income ($58,313) that falls below the national average. However, Lockesburg’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lockesburg has a population of 772 with a median age of 26.5 years. Compare Lockesburg with other cities to see how it stacks up, or explore all cities in Arkansas.
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Demographics
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Economy & Education
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Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Lockesburg
What is the population of Lockesburg, AR?
The population of Lockesburg, AR is 772 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Arkansas.
What is the median household income in Lockesburg?
The median household income in Lockesburg, AR is $58,313 per year, which is 22% below the national median of $75,149.
What is the median home value in Lockesburg?
The median home value in Lockesburg, AR is $116,300, which is 53% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lockesburg?
The median monthly rent in Lockesburg, AR is $789, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Lockesburg?
The unemployment rate in Lockesburg, AR is 3.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lockesburg, AR a good place to live?
Lockesburg offers a moderate cost of living, affordable housing, and a strong job market. With a population of 772 and a median age of 26.5, the city appeals to young professionals and families.
How educated is Lockesburg, AR?
10.8% of residents in Lockesburg aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Lockesburg?
Key cost-of-living indicators for Lockesburg, AR: median home value is $116,300 (53% below national), median rent is $789/month, and median household income is $58,313. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lockesburg?
The poverty rate in Lockesburg, AR is 21.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Lockesburg, AR?
Lockesburg's population is 1.9% White, 2.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 5.2% two or more races. 0.9% of residents are foreign-born.