Marion County Real Estate - Lowell

Lowell is in North Central Florida. Lowell is approximately 24 miles from Gainesville (population 124,354) and around 10 miles from Ocala (population 56,315).

Lowell 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 
6202 Nw 53rd Ct Single Family 1,275 B
5400 Nw 62nd Pl Single Family 1,840 B
5360 Nw 62nd Pl Single Family 1,282 B
5373 Nw 62nd Pl Single Family 1,226 B
5391 Nw 62nd Pl Single Family 1,161 B
5355 Nw 62nd Pl Single Family 1,351 B
5355 Nw 61st Ln Single Family 1,816 B
6177 Nw 54th Ter Single Family 1,344 B
5331 Nw 62nd Pl Single Family 1,596 B
5478 Nw 62nd Pl Single Family 1,464 B
5320 Nw 62nd Pl Single Family 1,089 B
5319 Nw 62nd Pl Single Family 1,068 B
6141 Nw 54th Terr Single Family 1,178 B
5311 Nw 61st Ln Single Family 1,248 B
5374 Nw 63rd Pl Single Family 1,456 B
5437 Nw 62nd Pl Single Family 1,008 B
6182 Nw 54th Ter Single Family 1,328 B
5392 Nw 63rd Pl Single Family 1,422 B
5484 Nw 62nd Pl Single Family 1,262 B
5301 Nw 62nd Pl Single Family 1,218 B
5290 Nw 62nd Pl Single Family 1,502 B
5330 Nw 61st Ln Single Family 1,603 B
5291 Nw 61st Ln Single Family 1,514 B
5455 Nw 62nd Pl Single Family 720 B
5320 Nw 63rd Pl Single Family 2,121 B
6142 Nw 54th Ter Single Family 1,148 B
5291 Nw 62nd Pl Single Family 1,032 B
5438 Nw 63rd Pl Single Family 1,256 B
5310 Nw 61st Ln Single Family 1,603 B
5274 Nw 62nd Pl Single Family 912 B
5273 Nw 61st Ln Single Family 1,430 B
5473 Nw 62nd Pl Single Family 1,104 B

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 33 of all properties in this area. This suggests it would appeal to someone earning around $35,310 per year who should qualify for a mortgage between $70,620 and $88,275.

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 33 of all properties in this area. This corresponds to a rent of $696 per month and a monthly household income of $2,319 ($27,828 per year)

Nearby Companies

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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