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Lockport, IL

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
82
Affordable
Median Home Value
$298,800
National: $426,735
Median Rent
$1,503/mo
National: $1,527/mo
Household Income
$113,252
National: $84,532
Population
26,228
Purchasing Power
163
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
70 / 100
100 = national average
Rent Index
98 / 100
Overall Index
82
Affordable

Lockport Mortgage Calculator

Pre-filled with the local median home value of $298,800 and Illinois's property tax rate of 2.07%.

Salary & Purchasing Power

Median household income is $113,252 34% above the national average.

What $113,252 in Lockport Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$208,549+84%
Los Angeles, CA$234,791+107%
Chicago, IL$111,871-1%
Houston, TX$98,060-13%

Property Tax in Lockport, IL

Est. Annual Property Tax
$6,185
Monthly Impact
$515
Added to your mortgage
Effective Rate
2.07%
National avg: ~1.00%

Illinois Tax Overview

Tax TypeIllinoisNational Avg
Property Tax Rate2.07%1.00%
Top Income Tax Rate4.95%~5.0%
State Sales Tax8.82%~5.0%

Compare Lockport to Another City

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Cost of Living Comparison

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Lockport, IL
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Lockport, IL: 70
Rent Prices
98
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR