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Real Estate Prices & Overview

Ludlow median real estate price is $584,788, which is more expensive than 43.1% of the neighborhoods in New York and 72.6% of the neighborhoods in the U.S.

The average rental price in Ludlow is currently $2,684, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.4% of New York neighborhoods.

Ludlow is a densely urban neighborhood (based on population density) located in Yonkers, New York.

Ludlow real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Ludlow neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 7.3% in Ludlow. NeighborhoodScout analysis shows that this rate is lower than 50.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Yonkers, the Ludlow neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The Ludlow neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 43,194 persons per square mile in the neighborhood, it is more packed with people than 98.1% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Ludlow neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, renter-occupied real estate is dominant in the Ludlow neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 94.8%, which is higher than 98.0% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Furthermore, the real estate in the Ludlow neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 74.2% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 95.8% of American neighborhoods.

Modes of Transportation

More people in Ludlow choose to walk to work each day (16.2%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Also, more people ride the bus in this neighborhood each day to get to work than 95.5% of U.S. neighborhoods.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Ludlow neighborhood has a highly unusual pattern of car ownership. 28.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.9% of U.S. neighborhoods.

Diversity

Did you know that the Ludlow neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.2% of this neighborhood's residents have Puerto Rican ancestry and 8.9% have Dominican ancestry.

Ludlow is also pretty special linguistically. Significantly, 8.9% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 99.6% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Ludlow neighborhood in Yonkers are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.5% of U.S. neighborhoods. In addition, 9.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 52.5% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Ludlow neighborhood, 33.4% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 25.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.2%), and 20.4% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Ludlow neighborhood is English, spoken by 50.2% of households. Other important languages spoken here include Spanish and African languages.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Ludlow neighborhood in Yonkers, NY, residents most commonly identify their ethnicity or ancestry as Mexican (21.4%). There are also a number of people of Puerto Rican ancestry (20.2%), and residents who report Sub-Saharan African roots (13.1%), and some of the residents are also of Dominican ancestry (8.9%), along with some African ancestry residents (6.7%), among others. In addition, 28.7% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Ludlow neighborhood spend between 15 and 30 minutes commuting one-way to work (46.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (36.0%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (19.8%) and 16.2% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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