Ludlow, MA
Maps & Population Facts
Population
21,331
Population Density
784
Labor Participaton
62.6%
Bachelor's or Higher
23.7%
Median Household Income
$67,715
Median Individual Income
$42,250
Median Individual Income(Full-time Workers Only)
$52,495
Housing Estimates
Median House Value
$224,700
Median Gross Rent
$922
Median Mortgage Payment
$1,677
Housing Units
8,637
People who reside in Ludlow live in:
Detached - Single Family Homes
72%
Apt, Condo, Other
28%
Analysis
Income
Households in Ludlow earn more money than the national median income, averaging 12% higher per household.
Housing
Ludlow has a median house price of $224,700. The cost of homeownership is comparable with other areas. The cost of renting in Ludlow is 9% less than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 10% |
Demographics
The median age in Ludlow is 44. Ludlow has a population that is significantly older than in comparison to the US median age.
Ludlow ranks in the lowest of the nation for having an educated population and has significantly less college graduates per resident than most areas.
Housing Data
Housing Comparison
Ludlow | Massachusetts | USA | |
Median Property Value | 224,700 | 385,400 | 217,600 |
Median Mortgage Payment | 1,677 | 2,108 | 1,513 |
Median Gross Rent | 922 | 1,208 | 1,012 |
Property Vacancy | 6.4% | 10.0% | 12.6% |
% Renters | 26% | 38% | 36% |
Residents per Sq. Mi. | 784 | 885 | 93 |
Personal Comparison
Ludlow | Massachusetts | USA | |
Median Household Income | 67,715 | 77,385 | 60,336 |
Median Individual Income | 42,250 | 41,700 | 33,646 |
Median Income (Full-Time) | 52,495 | 60,923 | 46,881 |
Median Age | 44.4 | 39.5 | 38.1 |
Labor Participation | 62.6% | 67.8% | 62.8% |
Attained College Degree | 23.7% | 43.4% | 32.0% |
Population Density Analysis
Ludlow, MA
784
Residents per Sq. Mile
The population density of Ludlow is comparable to that of a Suburban Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +