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ZipNumbers

Illinois · Census place 45174

Ludlow village, IL

Quick answer

Ludlow village has 337 residents, ranking #1051 of 1462 places in Illinois. Median household income is $46,250, the median home is worth $74,500 and median gross rent runs $775 a month.

Population
337Ludlow village residents
Median household income
$46,250Past 12 months, inflation adjusted
Median home value
$74,500Owner-occupied units
Median gross rent
$775Rent plus utilities, monthly
Median age
29.1 yrsAll residents
Homeownership rate
57.4%Owner-occupied households

What the numbers mean in Ludlow village

Housing cost measured against local earnings.

A household earning the Ludlow village median would spend about 20.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 25.2% of residents and 57.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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