Lockney, TX Profile: Facts & Data

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Lockney, Texas - Basic Facts

The Town of Lockney had a population of 1,803 as of July 1, 2019. Lockney ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Texas. See peer rankings below.

The primary coordinate point for Lockney is located at latitude 34.1245 and longitude -101.4416 in Floyd County. The formal boundaries for the Town of Lockney encompass a land area of 1.54 sq. miles and a water area of 0 sq. miles. Floyd County is in the Central time zone (GMT -6). The elevation is 3,278 feet.

The Town of Lockney (GNIS ID: 2412906) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Lockney is located within Lockney Division of Floyd County.


Jump to... (On This Page!)
  1. Lockney 2019 Demographic Data
  2. Growth Rates for Lockney (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Texas Research Tools (Easy Tools & Current Data)
  3. Texas Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Lockney, TX Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Lockney, TX Housing Affordability Index is 350
State of Texas Housing Affordability Index is 132
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Lockney, TX Wealth Index is 55
State of Texas Wealth Index is 94
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Texas address.

See our:

  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 1,803
Population in Households 1,769
Population in Familes 1,591
Population in Group Qrtrs 34
Population Density 1,167
Diversity Index1 74
 

INCOME

Median Household Income $50,580
Average Household Income $59,603
Per Capita Income $20,808
Wealth Index3 55

HOUSING

Total Housing Units 792 (100%)
Owner Occupied HU 461 (58.2%)
Renter Occupied HU 168 (21.2%)
Vacant Housing Units 163 (20.6%)
Median Home Value $68,605
Housing Affordability Index2 350
 

HOUSEHOLDS

Total Households 629
Average Household Size 2.81
Family Households 486
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.23% -0.92%
Households -0.24% -0.91%
Families -0.24% -0.96%
Median Household Income   1.26%
Per Capita Income   2.11%

Lockney, TX - Peer Comparisons by Rank and Percentile

The table below compares Lockney to the other 1,746 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 771 56th
Population Density # 623 64th
Diversity Index # 181 90th
Median Household Income # 841 52nd
Per Capita Income # 1178 33rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Texas Census Data Comparison Tool.

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