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 Type | 1.40% |
| One Bedroom | 22.20% |
| Two Bedrooms | 32% |
| Three Bedrooms | 33.70% |
| Four Bedrooms | 8.40% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.91 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $75,800 |
| Median Price asked for vacant units | $61,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.85 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $389 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 7.70% |
| Home Equity Loan | 9.60% |
| Simple Mortgage | 62.40% |
| Debt Free | 19.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
