4038 Sw 57th Ter, Ocala
Marion County Real Estate - Ocala
Ocala is in North Central Florida. It's population as recorded in the 2010 Census was 56,315.
The median age for residents of Ocala is 38.2. Around 29.6% of Ocala households include school aged children and 29.7% of households include individuals aged 65 years or over. Census records indicate 70.7% of the Ocala population are White, 20.9% are Black or African American, .3% American Indian, 2.5% Asian and 2.4% are Two or more Races.
There are 26,764 housing units in Ocala. 3,661 (13.6%) of these were reported as vacant in the 2010 Census. There are 13,194 residential rental units in Ocala. 11,441 of them were occupied in 2010 providing a residential rental vacancy rate of 12.8%.
Ocala links:
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Marion County
Marion County is located in North Central Florida, along with Alachua, Madison, Hamilton, Taylor, Suwannee, Union, Bradford, Lafayette, Dixie, Levy, Gilchrist, and Columbia counties. Incorporated municipalities include Belleview, Dunnellon, Ocala, McIntosh, and Reddick. The population of Marion County is over 330,000.
The largest industries providing employment in Marion County are agriculture, educational, health, and social services; retail trade; and manufacturing. Major private sector employers are Munroe Regional Medical Center, Ocala Regional Medical Center & West Marion Community Hospital, AT&T, Lockheed Martin, and E-ONE Inc. top public sector employers include Marion County Public Schools, Florida State Government, Federal Government, Marion County BCC, and City of Ocala.
Marion County is the only region in the United States that can legitimately claim the title of the horse capital of the world. Marion County contains nearly 50,000 horses during peak season, more than any other county in the nation. Thoroughbred racehorses from Marion were the first Florida-bred horses to win the Kentucky Derby and Florida Derby. The industry drives approximately $2.2 billion into the local economy and supports 40,000 jobs.
An important agricultural area, Marion County has a long history of ranching. It is the 12th largest cattle producer in the state and the Ocala Bull Sale is the oldest in the nation. More than 250,000 acres are devoted to logging. Other crops produced here include peanuts, citrus, and hay.
Ten miles northwest of Ocala lies the Lowell Correctional Institution. The facility was the first to house female inmates exclusively. The Lowell Annex is part of the complex and houses the state's female inmates on death row.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 4020 Sw 57th Ter | Single Family | 2,510 | B |
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| 4045 Sw 57th Ct | Single Family | 1,714 | B |
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| 4002 Sw 57th Ter | Single Family | 2,185 | B |
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| 4035 Sw 57th Ct | Single Family | 1,596 | B |
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| 5758 Sw 40th Pl | Single Family | 1,714 | B |
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| 5752 Sw 40th Pl | Single Family | 1,714 | B |
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| 5748 Sw 40th Pl | Single Family | 2,185 | B |
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| 5762 Sw 40th Pl | Single Family | 1,714 | B |
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| 4015 Sw 57th Ct | Single Family | 1,714 | B |
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| 3984 Sw 57th Ter | Single Family | 1,596 | B |
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| 5736 Sw 40th Pl | Single Family | 1,714 | B |
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| 5768 Sw 40th Pl | Single Family | 1,714 | B |
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| 3995 Sw 57th Ct | Single Family | 1,596 | B |
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| 3968 Sw 57th Ter | Single Family | 1,714 | B |
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| 5724 Sw 40th Pl | Single Family | 1,714 | B |
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| 5772 Sw 40th Pl | Single Family | 1,714 | B |
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| 3977 Sw 57th Ct | Single Family | 1,596 | B |
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| 5739 Sw 40th St | Single Family | 2,185 | B |
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| 4036 Sw 57th Ct | Single Family | 1,596 | B |
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| 5776 Sw 40th Pl | Single Family | 1,714 | B |
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| 3946 Sw 57th Ter | Single Family | 1,714 | B |
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| 5712 Sw 40th Pl | Single Family | 1,714 | B |
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| 4016 Sw 57th St | Single Family | 1,596 | B |
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| 5721 Sw 40th St | Single Family | 2,185 | B |
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| 3955 Sw 57th Ct | Single Family | 1,596 | B |
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| 3996 Sw 57th Ct | Single Family | 2,185 | B |
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| 5780 Sw 40th Pl | Single Family | 1,714 | B |
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| 3947 Sw 57th Ter | Single Family | 1,944 | B |
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| 5706 Sw 40th Pl | Single Family | 2,185 | B |
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| 3930 Sw 57th Ter | Single Family | 1,944 | B |
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| 3976 Sw 57th Ct | Single Family | 2,185 | B |
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| 5703 Sw 40th St | Single Family | 2,185 | B |
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| 3935 Sw 57th Ct | Single Family | 1,714 | B |
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| 5784 Sw 40th Pl | Single Family | 2,185 | B |
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| 3931 Sw 57th Ter | Single Family | 1,596 | B |
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| 3956 Sw 57th Ct | Single Family | 1,596 | B |
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| 5694 Sw 40th Pl | Single Family | 1,596 | B |
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| 4011 Sw 58th Ave | Single Family | 2,185 | B |
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| 3912 Sw 57th Ter | Single Family | 2,185 | B |
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| 3966 Sw 57th Ave | Single Family | 2,510 | B |
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| 3915 Sw 57th Ct | Single Family | 1,596 | B |
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| 3993 Sw 58th Ave | Single Family | 2,185 | B |
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| 5788 Sw 40th Pl | Single Family | 1,714 | B |
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| 3936 Sw 57th Ct | Single Family | 1,944 | B |
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| 4047 Sw 57th Ave | Single Family | 2,185 | B |
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| 4031 Sw 57th Ave | Single Family | 2,185 | B |
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| 3913 Sw 57th Ter | Single Family | 1,596 | B |
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| 3948 Sw 57th Ave | Single Family | 2,185 | B |
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| 4015 Sw 57th Ave | Single Family | 2,185 | B |
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Local Household Income
The median household income in this part of Florida is $49,566. The bottom 10% of the population earn less than $14,764 per year. The top 10% earn more than $131,988 per year. The top 1% earn more than $464,688 per year. Most renters earn between $24,756 (20th percentile) and $41,232 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $99,132 and $123,915.
The tax assessed value of this property places it in percentile 89 of all properties in this area. This suggests it would appeal to someone earning around $127,031 per year who should qualify for a mortgage between $254,062 and $317,578.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $805. Most renters earn between $2,063 and $3,436 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $584 (20th percentile) to $1,046 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 89 of all properties in this area. This corresponds to a rent of $1,192 per month and a monthly household income of $4,150 ($49,800 per year)
Nearby Companies
3931 Sw 57th Ter