Is Lockport, Illinois a Good Place To Live? - Living In Lockport, IL

Is Lockport, Illinois a good place to live?
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.

A high school education is a basic prerequisite for most jobs, and in Lockport, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lockport remained 3.4%, which is 28% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lockport, only 38% of adults have a bachelor's degree and 32% have some college but no degree.

Cost of living in Lockport is 104, which is 4% higher than national average. 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.
Population
25499
Unemployment
3.4%
28% NAT AVG.
Poverty
7.1%
49% NAT AVG.
Overall Score
9.5
Median Home Cost
$244900
7% NAT AVG.
Median Income
$87817
30% NAT AVG.
Median Rent
$1305
13% NAT AVG.
Cost Of Living
104
4% NAT AVG.
People Living BPL
1 in 14
Unemployed People
1 in 29
People Earning < $10,000
1 in 29
People Earning < $50,000
28.5%
People with <= High School
1 in 3.3
People With Any Degree
1 in 2.1
Pros & Cons Overview

Jobs85%

Housing85%

Affordability80%

Safety90%

Amenities90%

Diversity70%

Education90%

Commute30%