Ludlow West median real estate price is $592,425, which is more expensive than 43.5% of the neighborhoods in New York and 73.2% of the neighborhoods in the U.S.
The average rental price in Ludlow West is currently $4,907, based on Ä¢¹½ÊÓƵ's exclusive analysis. The average rental cost in this neighborhood is higher than 89.6% of the neighborhoods in New York.
Ludlow West is a densely urban neighborhood (based on population density) located in Yonkers, New York.
Ludlow West real estate is primarily made up of small (studio to two bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Ludlow West neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Ludlow West, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Ludlow West is very tight compared to the demand for property here.
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 Ä¢¹½ÊÓƵ's exclusive exploration and analysis.
Renter-occupied real estate is dominant in the Ludlow West neighborhood. The percentage of rental real estate here, according to exclusive Ä¢¹½ÊÓƵ analysis, is 96.9%, which is higher than 98.4% 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. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Ludlow West neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
In addition, the Ludlow West neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 100.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Furthermore, the real estate in the Ludlow West 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, 98.3% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.7% of American neighborhoods.
Of note is Ä¢¹½ÊÓƵ's research finding that the Ludlow West neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Ludlow West community truly stands out from the rest in this regard.
In addition, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. Ä¢¹½ÊÓƵ's exclusive analysis reveals that 68.6% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 100.0% of U.S. neighborhoods, where the average American neighborhood has 13.7% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.
Also, ludlow West has the amazing distinction of housing more same sex couples living together than 97.8% of neighborhoods in the U.S. If you are seeking such a neighborhood, Ä¢¹½ÊÓƵ's analysis shows that this is one place that you should consider.
Finally, with a nice mix of college students, safety from crime, and decent walkability, the Ludlow West neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. Ä¢¹½ÊÓƵ's analysis shows that it rates more highly for a good place for college students to live than 89.5% of the neighborhoods in NY. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for young, single professionals.
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What Ä¢¹½ÊÓƵ's analysis revealed, is that the Ludlow West neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 55.1% of its workforce, this neighborhood has a greater concentration of government workers than 100.0% of U.S. neighborhoods.
In the Ludlow West neighborhood, many people's commute means walking from the bedroom to the home office. Ä¢¹½ÊÓƵ's analysis found that 41.8% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 99.3% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Also, if you like to ride the train to work, this neighborhood may be for you. Ä¢¹½ÊÓƵ's research revealed that 28.7% of the Ludlow West neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.2% of America's neighborhoods.
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 Ä¢¹½ÊÓƵ's exclusive analysis shows that the Ludlow West neighborhood has a highly unusual pattern of car ownership. 59.2% of the households in this neighborhood don't own a car at all. This is more carless households than Ä¢¹½ÊÓƵ found in 99.2% of U.S. neighborhoods.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Ludlow West neighborhood stands out for its commute length, according to Ä¢¹½ÊÓƵ's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Ludlow West neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 13.9% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than Ä¢¹½ÊÓƵ found in 98.3% of all neighborhoods in America.
Did you know that the Ludlow West neighborhood has more Sub-Saharan African and French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 42.9% of this neighborhood's residents have Sub-Saharan African ancestry and 22.0% have French ancestry.
Ludlow West is also pretty special linguistically. Significantly, 6.8% 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 99.2% of the neighborhoods in America.
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 West neighborhood in Yonkers are low income, making it among the lowest income neighborhoods in America. Ä¢¹½ÊÓƵ's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. In addition, 0.0% 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 100.0% 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 West neighborhood, 63.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 55.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (25.9%), and 10.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 West neighborhood is English, spoken by 48.6% of households. Other important languages spoken here include French, Spanish, African languages and Italian.
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 West neighborhood in Yonkers, NY, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (42.9%). There are also a number of people of French ancestry (22.0%), and residents who report Dominican roots (6.0%), and some of the residents are also of Russian ancestry (4.5%), along with some Asian ancestry residents (2.8%), among others. In addition, 24.2% of the residents of this neighborhood were born in another country.
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 West neighborhood spend under 15 minutes commuting one-way to work (26.8% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (13.9%) who commute over an hour in each direction.
Here most residents (28.7%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (27.3%) . This neighborhood is distinguished by the high number of residents who take the train to work each day, which can be a very good way to get to work at a lower cost and with less pollution.
