
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.
Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.
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 city with a population of 4,677 residents. With a population density of 5,108 people per square mile, Ludlow is well above the nation's average density level. According to the most recent Census, 95% of Ludlow residents are White, 1% Black and 0% Asian. In Ludlow, only 44% of people over the age of fifteen are married. This city could be a good option for singles ready to mingle. Not a fan of sitting in traffic during your commute to work? Ludlow offers shorter work commutes, with an average one-way commute time taking only 20 minutes, far lower than the national average of 26 minutes.
Without the right tools, moving to any new city can be very stressful and challenging. Living in Ludlow, Kentucky could be a good experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. 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 amenities, cost of living, commute, education and other important metrics.
Ludlow, KY receives 84/100 for its livability score; this results in a ranking of #46 in Kentucky and #674 in the USA. This is a great score, as Ludlow ranks well in multiple categories! Ludlow also ranks in the top 10 percent of all cities, which is no small feat! Based on the rankings for each individual category, Ludlow has been rewarded with high marks 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 93 crimes per 100,000 residents which is far lower than the national average.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Ludlow has an unemployment rate of 2.4% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Finding affordable real estate and housing in Ludlow can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Ludlow meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Ludlow. Everything else becomes a lot less important if it turns out that home prices in Ludlow are simply unattainable. Median real estate prices in Ludlow come in at $214,329, which is 4.8% 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 2.6, which is 23.5% 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% |