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Real Estate Prices & Overview

Ludlow South median real estate price is $702,926, which is more expensive than 52.0% of the neighborhoods in New York and 79.0% of the neighborhoods in the U.S.

The average rental price in Ludlow South is currently $2,757, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.6% of New York neighborhoods.

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

Ludlow South real estate is primarily made up of small (studio to two bedroom) to large (four, five or more 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 South neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 9.0% in Ludlow South. NeighborhoodScout analysis shows that this rate is lower than 41.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

The Ludlow South neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 57,086 persons per square mile in the neighborhood, it is more packed with people than 98.7% of the nation's neighborhoods.

In addition, the Ludlow South 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 86.7% 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.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (16.4% ride the bus) than 98.0% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Also, in the Ludlow South neighborhood, 17.2% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 97.0% of the neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Ludlow South neighborhood buck this trend. 37.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.9% of U.S. neighborhoods.

People

Single parenting is hard. But you don't have to tell the Ludlow South neighborhood about it; they already know. 19.9% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 96.9% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

In addition, with a nice mix of college students, safety from crime, and decent walkability, the Ludlow South neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 89.8% 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.

Diversity

Did you know that the Ludlow South neighborhood has more Dominican and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 32.0% of this neighborhood's residents have Dominican ancestry and 15.0% have South American ancestry.

Ludlow South is also pretty special linguistically. Significantly, 80.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.7% of all U.S. neighborhoods.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Ludlow South neighborhood has a greater percentage of residents born in another country (48.8%) than are found in 97.2% of all U.S. neighborhoods.

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 South neighborhood in Yonkers are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 80.8% of U.S. neighborhoods. With 21.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.6% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Ludlow South neighborhood, 32.1% 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 27.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (26.8%), and 13.3% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Ludlow South neighborhood is Spanish, spoken by 80.2% of households. Some people also speak English (17.8%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Ludlow South neighborhood in Yonkers, NY, residents most commonly identify their ethnicity or ancestry as Dominican (32.0%). There are also a number of people of South American ancestry (15.0%), and residents who report Mexican roots (13.8%), and some of the residents are also of Puerto Rican ancestry (8.9%), along with some Italian ancestry residents (5.6%), among others. In addition, 48.8% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Ludlow South neighborhood spend between 45 minutes and one hour commuting one-way to work (31.4% of working residents), longer and tougher than most commutes in America.

Here most residents (37.7%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (17.2%) and 16.4% of residents also ride the bus 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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