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Lockington

Learn about the people, housing, costs and businesses in Lockington, Ohio

Median Home$222,500
Median Rent$1,154/month
Population153
Leading IndustriesRetail · Manufacturing32% retail
Home Value Growth⬆⬆+12.4% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners83% of occupied units
NotableHigh Incomes$86k/year · top 29% nationally
Lockington
OH

Frequently Asked Questions

What are today's mortgage rates in Lockington?

As of today, the 30-year fixed mortgage rate for Lockington is approximately 7.059% (7.101% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lockington?

The median home value in Lockington is $223k. The median monthly rent is $1,154. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lockington?

Home values in Lockington have increased 12.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lockington?

Based on a typical all-in ownership cost of $1,048/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lockington is $86k/year.

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What industries drive the economy in Lockington?

The largest employment sectors in Lockington are retail (32%) and public administration (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.