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Ludlow, KY Real Estate


According to census data in the year 2000 there were 1,890 housing units in Ludlow. This represents a 0.6% decline from 1,901 in 1990.

Of those housing units, 1,890 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Ludlow is about 64.4%. Ludlow's vacancy rate, including seasonal lodging, is about 7.8%. Average household size is 2.53 people.

The majority of houses, apartments or condos in Ludlow were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom22.20%
Two Bedrooms32%
Three Bedrooms33.70%
Four Bedrooms8.40%
Five Bedrooms or more2.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.91
Median year structure was built1939
Median Value of occupied units$75,800
Median Price asked for vacant units$61,300

Rented Homes, Apartments and Condos

Average Household Size1.85
Median year structure was built1939
Median Monthly Rent asked for vacant units$389

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage7.70%
Home Equity Loan9.60%
Simple Mortgage62.40%
Debt Free19.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%