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:

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

AddressTypeSq FtClass 
809 Ne 8th Ave Single Family 792 C
819 Ne 8th Ave Vacant Residential 0 L
823 Ne 8th Ave Single Family 800 C
801 Ne 8th Ave Single Family 916 C
812 Ne 9th Ave Single Family 1,128 B
829 Ne 8th Ave Single Family 1,112 C
824 Ne 9th Ave Multi-family - less than 10 units 3,001 C
804 Ne 9th Ave Single Family 928 C
635 Ne 8th Ave Single Family 832 C
830 Ne 9th Ave Single Family 944 C
627 Ne 8th Ave Single Family 703 C
841 Ne 8th Ave Utility 0 L
630 Ne 9th Ave Single Family 816 C
822 Ne 9th St Single Family 882 C
623 Ne 8th Ave Single Family 796 C
828 Ne 9th St Single Family 800 C
809 Ne 9th Ave Single Family 1,040 C
823 Ne 9th Ave Single Family 1,200 B
619 Ne 8th Ave Single Family 708 C
803 Ne 9th Ave Single Family 1,158 B
825 Ne 9th Ave Single Family 1,032 B
620 Ne 9th Ave Multi-family - less than 10 units 2,197 B
801 Ne Sanchez Ave Municipal Owned 4,946 C
830 Ne 8th Ave Municipal Owned 3,124 C
837 Ne 9th Ave Single Family 1,066 B
613 Ne 8th Ave Single Family 1,008 C
724 Ne 10th Ave Single Family 1,295 B
827 Ne 9th St Single Family 997 C
609 Ne 8th Ave Single Family 896 C
906 Ne 9th St Single Family 1,066 B
701 Ne Sanchez Ave Municipal Owned 12,654 B
825 Ne 6th St Single Family 1,328 C
910 Ne 8th Ave Office building, non-professional service building, one story 1,348 C
911 Ne 8th Ave Church 4,231 B
822 Ne 10th Ave Single Family 888 C
603 Ne 8th Ave Single Family 1,008 C
912 Ne 9th Ave Single Family 945 B
835 Ne 6th St Single Family 1,276 C
625 Ne 9th Ave Single Family 1,497 C

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 15 of all properties in this area. This suggests it would appeal to someone earning around $20,346 per year who should qualify for a mortgage between $40,692 and $50,865.

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 15 of all properties in this area. This corresponds to a rent of $523 per month and a monthly household income of $1,907 ($22,884 per year)

Nearby Companies

Helen Home 8 Inc
825 Ne 9th Ave
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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