High scores in the commute category could indicate that this area offers short commute times to work and readily available public transportation options.
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
This area did not exhibit any cons, as none of the categories were rated low enough.
Located in the state of Kentucky, Ludlow is a small-sized city with a population of 4,532 residents. In Ludlow, there are 4,950 people per square mile, which is well above the national population density average. If we look at the most recent Census, Ludlow is known to have a predominantly White population. The next two most common races are Black and Asian. All the single ladies and all the single fellas might want to take notice as only 44% of the Ludlow population is married. If you are not a fan of long commutes, you will enjoy living in Ludlow. With an average one way commute time of only 20 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Ludlow could be a positive experience compared to other cities in Kentucky if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Finding the best places to live in Ludlow and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, commute, employment and other important metrics.
Ludlow, KY receives 82 out of 100 for its livability score; this results in a ranking of #45 in Kentucky and #750 in the USA. This is a fantastic score, as Ludlow ranks well in multiple categories! This city is also ranked in the top 10 percentile of all cities across the USA. For each of the livability categories, we see that Ludlow ranks very well for crime (A+), cost of living (A+) and housing (A-).
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Ludlow has a violent crime rate of 92 crimes per 100,000 residents which is far lower than the national average.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Ludlow, the unemployment rate stands at 2.25%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Ludlow excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Ludlow real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Ludlow. Median real estate prices in Ludlow come in at $119,600, which is 5.2% lower than the Kentucky average. The home price to income ratio compares the median home prices to the median household income. In Ludlow, the home price to income ratio is 2.2, which is 21.4% lower than the Kentucky average.
Statistic | Ludlow | Kentucky | National |
Average one way commute | 20min | 23min | 26min |
Workers who drive to work | 80.7% | 82.2% | 76.4% |
Workers who carpool | 8.2% | 9.7% | 9.3% |
Workers who take public transit | 0.2% | 1.1% | 5.1% |
Workers who bicycle | 0.0% | 0.2% | 0.6% |
Workers who walk | 3.2% | 2.4% | 2.8% |
Working from home | 5.7% | 3.3% | 4.6% |