In 1762, two families from Massachusetts journeyed to Nova Scotia in an effort to find a new colony that was closer to the rich fishing grounds of the Grand Banks.

Locke's Island and its surroundings entered a period of booming industry, with hotels, trade warehouses and multiple fish plants being constructed.

The Lockeport Sea Derby is a popular, family-oriented festival, which brings members of the community together to share in the area's rich fishing heritage.

The Annual Canada Day festivities are renowned, and imbue a strong sense of local pride in the community.

The town has produced notable athletes including Marjorie Turner-Bailey, a sprinter who represented Canada at the 1976 Summer Olympics in Montreal, Walter Nickerson, the most successful dory-rowing athlete in Canada, and Ian MacMillan, a well-known basketball coach in Nova Scotia who spent time as an assistant coach in the National Basketball Association (NBA).

Lockeport is host to a number of indoor and outdoor recreational areas where youth continue to gather and play.

It joined the Western Counties Regional Library on June 5, 1969, but it did not have a physical location in Lockeport until the first branch opened on April 13, 1973.