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Real Estate Prices & Overview

Ludlow median real estate price is $420,888, which is more expensive than 71.5% of the neighborhoods in Pennsylvania and 54.6% of the neighborhoods in the U.S.

The average rental price in Ludlow is currently $1,212, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 90.0% of Pennsylvania neighborhoods.

Ludlow is a densely urban neighborhood (based on population density) located in Philadelphia, Pennsylvania.

Ludlow real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Ludlow neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 5.8% in Ludlow. NeighborhoodScout analysis shows that this rate is lower than 58.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Modes of Transportation

A unique way of commuting is simply not to. And in the Ludlow neighborhood, analysis shows that 48.2% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 99.6% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 5.2% of residents in the Ludlow neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.4% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Finally, more people in Ludlow choose to walk to work each day (10.7%) 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.

Real Estate

If you love row houses and attached homes, you will probably really like the Ludlow neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 44.1% of the residential real estate here is classified as row houses and attached homes.

In addition, if you like crowded places, then you will probably enjoy the the Ludlow neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.4% of neighborhoods in the U.S., with 21,898 people per square mile living here.

People

One of the unique characteristics of the Ludlow neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 97.4% of the neighborhoods in America. Also of note, 54.5% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

Diversity

Did you know that the Ludlow neighborhood has more Croatian and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.0% of this neighborhood's residents have Croatian ancestry and 8.4% have African ancestry.

Ludlow is also pretty special linguistically. Significantly, 7.3% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 96.7% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Ludlow neighborhood in Philadelphia are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.4% of U.S. neighborhoods. With 54.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.6% of U.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, 42.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 30.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.4%), and 9.7% in manufacturing and laborer 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 81.7% of households. Other important languages spoken here include Spanish and Chinese.

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 Philadelphia, PA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (14.4%). There are also a number of people of Puerto Rican ancestry (11.6%), and residents who report Asian roots (10.7%), and some of the residents are also of African ancestry (8.4%), along with some Spanish ancestry residents (2.0%), among others.

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 under 15 minutes commuting one-way to work (44.7% of working residents), one of the shortest commutes across America.

Here most residents (24.2%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (10.7%) and 5.2% of residents also bicycle 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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