Neighborhood Profile

Labelle

Inverness, FL | Citrus County
Scored premium profile
Best Neighborhoods USA Index
29.8
National rank: #13,519 of 14,967
Stability and Strength
16.9
Score
Value Opportunity
21.3
Score
Momentum
62.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationInverness, FL
CountyCitrus County
National rank#13,519 of 14,967
State rank#988 of 1,145
City rankNot available
County rankNot available
National percentile9.7
National bandLOWER_25_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$208,906
Year-over-year home value change0.4%
Month-over-month home value change0.77%
Home value to income ratio6.45
Median household income$32,396
Bachelor's degree or higher19.6%
Civilian unemployment rate12.3%
Homeownership rate61.2%
Housing vacancy rate21.0%
Rent burden 30% or higher95.0%

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 Labelle

What is the Best Neighborhoods USA ranking for Labelle?

Labelle is ranked No published Inverness rank is currently available; #988 of 1,145 eligible neighborhoods in FL; and #13,519 of 14,967 eligible neighborhoods in the United States.

Is Labelle one of the best neighborhoods in Inverness?

Labelle has a Best Neighborhoods USA Index of 29.8 and a city ranking of No published Inverness rank is currently available.

How much are homes worth in Labelle?

The current Zillow Home Value Index for Labelle is approximately $208,906.

Are home values rising or falling in Labelle?

Zillow neighborhood values changed 0.4% year over year and 0.77% month over month.

What is the Neighborhood Momentum Score for Labelle?

Labelle has a Neighborhood Momentum Score of 62.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Labelle?

The NDS-derived neighborhood median household income is approximately $32,396.

How affordable is Labelle relative to household income?

The current Zillow home-value-to-household-income ratio is 6.45. Price-to-income affordability is a major Value Opportunity input.

Is Labelle primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 61.2%.

What is the unemployment rate in Labelle?

The NDS-derived civilian unemployment rate is approximately 12.3%.

How educated are residents of Labelle?

Approximately 19.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Labelle face high rent burden?

Approximately 95.0% 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 Labelle?

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

FULL_OR_NEAR_FULL

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 applications2
Estimated originations1
Home-purchase applications1
Origination rate53.7%
Home-purchase share48.8%
Average application loan$191,694
Total application loan amount$390,388
National application rank#14,570 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 30.1% YoY; originations 47.7% 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.