 The village has a Romanian ethnic majority (90.85%) and a population of 2,002 people (2002 census).The town often seems rather empty since more than half of population of Lokve lives abroad - mainly in USA and Switzerland.In Serbian, the village is known as "Lokve" (Локве), in Romanian as "Sân-Mihai" or "Simiai", and in Hungarian as "Végszentmihály".