05149, Ludlow, VT

The Ludlow zip code 5149 has a median home value of $143,000 and a median home equity of $141,000. This is significantly higher than the Vermont statewide median home value of $144,500 and the national median home equity of $142,200. The Ludlow zip code also has a significantly lower homeownership rate than both Vermont and the nation as a whole. In Ludlow, only 49% of homes are owned by their occupants, compared to the statewide homeownership rate of 61% and the national homeownership rate of 68%.

One reason for this discrepancy may be that Ludlow is a relatively affluent area. The per capita income in the zip code is $87,898, which is well above the statewide average ($53,657) and even higher than the national average ($56,046). This wealth may be translating into greater investment in property values. Additionally, Ludlow has seen relatively little population growth over recent years – only 2% since 2010 – which could also be contributing to increased prices.