Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Located in the state of Florida, Lecanto is a small-sized city with a population of 7,224 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (89% White). Given that fact, Lecanto could be considered less diverse than other cities.
Whether you’re relocating to a new area to be closer to family, friends or for a new job, living in Lecanto could be a positive experience compared to other cities in Florida if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. The best areas in Lecanto and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, cost of living, health & safety, education, you will see a detailed breakdown of the most important information as well as comparisons to the Florida and national averages.
Lecanto has a livability score of 61 out of 100 and is ranked #732 in Florida and #15,480 in the USA. There are nine total categories that create the livability score. Lecanto ranks well for cost of living (A+) and housing (B) Lecanto does not do well for the following: amenities (F), education (D) and employment (D-). It might be wise to take a closer look at each category to find out why.
When contemplating a move, job prospects often top the list of priorities. In Lecanto, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.15% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Lecanto market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Assuming that Lecanto meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Lecanto. Everything else becomes a lot less important if it turns out that home prices in Lecanto are simply unattainable. The median home price for Lecanto homes is $175,900, which is 5.5% higher than the Florida average. If we take a closer look at the affordability of homes in Lecanto, we’ll see that the home price to income ratio is 4.3, which is 26.5% higher than the Florida average.
| Statistic | Lecanto | Florida | National |
| Average one way commute | 22min | 27min | 26min |
| Workers who drive to work | 86.4% | 79.5% | 76.4% |
| Workers who carpool | 7.5% | 9.3% | 9.3% |
| Workers who take public transit | 0.0% | 2.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 0.0% | 1.5% | 2.8% |
| Working from home | 6.1% | 5.4% | 4.6% |
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