This page provides an overview of essential economic development information of use to new or existing businesses in Ludlow. Learn more about the cost of doing business in town and access resources to help manage or grow your business.
Why Ludlow?
A community of 4,407 in 2010, Ludlow is three miles from downtown Cincinnati, OH, seven miles from the Cincinnati/Northern Kentucky International Airport, and two miles from I-71/I-75 access. The city’s charm, history, and community-centered leadership offer unique appeal amidst the amenities of the larger Greater Cincinnati and Northern Kentucky region.
Ludlow in Brief
While Ludlow’s convenience and proximity to major business and leisure attractions distinguish it, the city also contains its own independent public school district, offering instruction for K-12. With riverfront and railroad access, Ludlow truly has it all.
As of 2010, Ludlow had 1,830 households; the median household income was $47,439. The unemployment rate is 5.4%, and homeownership stands at 65%.
Cost of Business in Ludlow
Ludlow offers a robust economic environment and a substantially low cost of doing business. Below you’ll find municipal tax and fee information, as well as utility costs and other resources.
- Occupational business license: $50 - Occupational Business License Form
- Payroll tax rate: 2%
- Collection: taxes and municipal waste collection customers billed annually; due by October 31
Listed below are the city’s primary utility providers. Under each you’ll find an estimated average utility cost per that utility’s billing cycle. These averages are based on commercial small businesses in the Ludlow downtown/Elm Street area. Also provided are links to each utility’s website where you can find additional or more specific information.
Note: These monthly estimates are not actual charges and do not include taxes, fees, and other one-time setup or installation charges that may also apply.
- Waste collection and recycling: Rumpke
- Waste collection average rate: ~$70/month (based on a 4-6 yard container)
- Recycling average rate: ~$35/month (based on a 4-6 yard container)
- Collection frequency: Ranges from six times per week to twice a month
