Version 2.2.2
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XAxis.set_label_coords(x, y, transform=None)

Set the coordinates of the label. By default, the x coordinate of the y label is determined by the tick label bounding boxes, but this can lead to poor alignment of multiple ylabels if there are multiple axes. Ditto for the y coordinate of the x label.

You can also specify the coordinate system of the label with the transform. If None, the default coordinate system will be the axes coordinate system (0,0) is (left,bottom), (0.5, 0.5) is middle, etc