Ludlow, IL Real Estate
According to census data in the year 2000 there were 149 housing units in Ludlow.
This represents a 0.7% growth from 148 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 149 were located in what is classified as a rural area.
Homeownership rate in Ludlow is about 58.3%.
Ludlow's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.14 people.
The majority of houses, apartments or condos in Ludlow were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.40% |
| Two Bedrooms | 32.20% |
| Three Bedrooms | 43% |
| Four Bedrooms | 17.40% |
| Five Bedrooms or more | 4% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $51,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.07 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10.10% |
| Home Equity Loan | 4.30% |
| Simple Mortgage | 46.40% |
| Debt Free | 39.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14% |
