Lockport, IL
Population 26,228 · Illinois
About Lockport, IL
Lockport is a mid-sized city located in Illinois with a population of 26,228 residents according to the latest US Census Bureau American Community Survey data. The median household income is $113,252 per year, which is 51% above the national median of $75,149. The median age of 37.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Lockport features a median home value of $298,800, which is 22% above the national median of $244,900. This positions Lockport in a moderately priced market relative to the rest of the country. Median monthly rent is $1,503, 29% above the national average of $1,163/month. Of the 10,046 total housing units, 84% are owner-occupied (8,087 units) and 16% are renter-occupied (1,583 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lockport shows an unemployment rate of 4.9%, which is near the national rate of 3.7%. The poverty rate stands at 6.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lockport have an average one-way commute time of 35.9 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
44.4% of Lockport residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 6.8% White, 0.7% Hispanic or Latino, 0.7% Black or African American, and 1.1% Asian residents, with 6.8% of the population being foreign-born.
Cost of Living in Lockport, IL
Compared to national averages, Lockport has a median household income of $113,252 (51% above the national median of $75,149). Home values average $298,800, which is 22% above the national median. Monthly rent at $1,503 is 29% above the US average of $1,163. Within Illinois, Lockport's income is 51% above the state average of $75,072, and home values are 80% above the state median of $165,779.
Why Live in Lockport, IL?
Lockport offers a strong local economy with a median household income of $113,252, well above the national average, and a well-educated community where 44.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.0%, better than the national average.
Lockport has a population of 26,228 with a median age of 37.9 years. Compare Lockport with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Lockport
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Woodstock | 26,316 | $83,293 | $231,100 | Compare |
| Edwardsville | 26,543 | $92,671 | $286,700 | Compare |
| Granite City | 26,670 | $60,490 | $99,800 | Compare |
| Batavia | 26,730 | $119,167 | $358,000 | Compare |
| Vernon Hills | 26,772 | $120,625 | $384,800 | Compare |
| Oak Forest | 26,888 | $87,941 | $247,800 | Compare |
| Chicago Heights | 26,938 | $57,479 | $149,900 | Compare |
| West Chicago | 25,434 | $100,568 | $306,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lockport With Other Cities
Frequently Asked Questions about Lockport
What is the population of Lockport, IL?
The population of Lockport, IL is 26,228 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Illinois.
What is the median household income in Lockport?
The median household income in Lockport, IL is $113,252 per year, which is 51% above the national median of $75,149.
What is the median home value in Lockport?
The median home value in Lockport, IL is $298,800, which is 22% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lockport?
The median monthly rent in Lockport, IL is $1,503, which is 29% above the national average of $1,163/month.
What is the unemployment rate in Lockport?
The unemployment rate in Lockport, IL is 4.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lockport, IL a good place to live?
Lockport offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 26,228 and a median age of 37.9, the city appeals to a broad range of residents.
How educated is Lockport, IL?
44.4% of residents in Lockport aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Lockport?
Key cost-of-living indicators for Lockport, IL: median home value is $298,800 (22% above national), median rent is $1,503/month, and median household income is $113,252. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lockport?
The poverty rate in Lockport, IL is 6.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lockport, IL?
Lockport's population is 6.8% White, 0.7% Hispanic or Latino, 0.7% Black or African American, 1.1% Asian, and 1.1% two or more races. 6.8% of residents are foreign-born.