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.
Lecanto, Florida is a smaller city with a population of 7,379 residents. According to the most recent Census, 89% of Lecanto residents are White, 7% Black and 1% American Indian and Alaskan.
Whether you’re moving to a new town 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. With useful information like health & safety, education, employment and other key data points, finding the best places to live in Lecanto and in the areas around Lecanto is a much easier task.
The livability score in Lecanto is 64/100 and the city is ranked in the 56th percentile of all cities across America. If we dig down a little deeper into each category within the livability score, we see that Lecanto has higher than average rankings for the following: crime (B), cost of living (A+) and housing (A). On a less positive note, Lecanto does not have favorable ranks for the following: amenities (F), education (D) and employment (D). If we take a look at the data, we can find out why.
The unemployment rate in Lecanto has consistently declined over the years and currently stands well below the national average at 2.3%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and 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.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Lecanto is real estate affordability. Median real estate prices in Lecanto come in at $318,595, which is 6.3% higher than the Florida average. The home price to income ratio compares the median home prices to the median household income. In Lecanto, the home price to income ratio is 5.2, which is 23.8% higher than the Florida average.
Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.
| 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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