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Ludlow city, KY

ZIP 41016 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 41016

Median Home Value
$151,300
Median Rent
$828
Affordability Snapshot
$42,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$972/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

15.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 41016 in Ludlow city, KY, a household would need roughly $42,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $972. That sits below the local median household income ($61,748), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
70.6%+8% vs US avg
x
Vacancy Rate
12.0%+17% vs US avg
x
Broadband Access
80.8%-7% vs US avg
x
4+ Bedrooms
5.6%-62% vs US avg
x
Built Pre-1939
9.8%-24% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
13.7%-72% vs US avg
x
Mortgage-Free
34.8%-9% vs US avg
x
$151,300
Home Value
$828
Rent
1938
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached63.9%
  • 1-unit attached12.7%
  • 2-9 units17.3%
  • 10+ units5.3%
  • Mobile home & other0.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$151,300
Median rent$828
Owner-occupied70.6%
Vacant12.0%
Price-to-income2.5x
Est. income to buy$42,000