What is the Best Neighborhoods USA ranking for Larkspur?
Larkspur is ranked #104 of 108 eligible neighborhoods in Mobile; #242 of 258 eligible neighborhoods in AL; and #14,503 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Larkspur
Mobile, AL | Mobile County
Scored premium profile
Best Neighborhoods USA Index
22.1
Stability and Strength
13.9
Value Opportunity
34.2
Momentum
18.4
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Mobile, AL |
| County | Mobile County |
| National rank | #14,503 of 14,967 |
| State rank | #242 of 258 |
| City rank | #104 of 108 |
| County rank | #143 of 148 |
| National percentile | 3.1 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $167,801 |
| Year-over-year home value change | -1.8% |
| Month-over-month home value change | -1.09% |
| Home value to income ratio | 4.05 |
| Median household income | $41,458 |
| Bachelor's degree or higher | 8.7% |
| Civilian unemployment rate | 18.2% |
| Homeownership rate | 47.4% |
| Housing vacancy rate | 12.3% |
| Rent burden 30% or higher | 70.4% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Larkspur
Is Larkspur one of the best neighborhoods in Mobile?
Larkspur has a Best Neighborhoods USA Index of 22.1 and a city ranking of #104 of 108 eligible neighborhoods in Mobile.
How much are homes worth in Larkspur?
The current Zillow Home Value Index for Larkspur is approximately $167,801.
Are home values rising or falling in Larkspur?
Zillow neighborhood values changed -1.8% year over year and -1.09% month over month.
What is the Neighborhood Momentum Score for Larkspur?
Larkspur has a Neighborhood Momentum Score of 18.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Larkspur?
The NDS-derived neighborhood median household income is approximately $41,458.
How affordable is Larkspur relative to household income?
The current Zillow home-value-to-household-income ratio is 4.05. Price-to-income affordability is a major Value Opportunity input.
Is Larkspur primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 47.4%.
What is the unemployment rate in Larkspur?
The NDS-derived civilian unemployment rate is approximately 18.2%.
How educated are residents of Larkspur?
Approximately 8.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Larkspur face high rent burden?
Approximately 70.4% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Larkspur?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications56
Estimated originations32
Home-purchase applications30
Origination rate57.1%
Home-purchase share54.3%
Average application loan$181,460
Total application loan amount$10,083,488
National application rank#6,820 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 45.3% YoY; originations 91.8% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.