9871 Sw 61st 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:
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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 9857 Sw 61st Terr | Single Family | 1,320 | B |
 |
| 9885 Sw 61st Ter | Single Family | 1,320 | B |
|
| 9880 Sw 61st Ct | Single Family | 850 | B |
|
| 9864 Sw 61st Ct | Single Family | 1,688 | B |
|
| 9896 Sw 61st Ct | Single Family | 1,320 | B |
|
| 9870 Sw 61st Ter | Single Family | 1,014 | B |
|
| 9843 Sw 61st Terr | Single Family | 1,859 | B |
|
| 9899 Sw 61st Terr | Single Family | 1,008 | B |
|
| 9856 Sw 61st Ter | Single Family | 1,008 | B |
|
| 9884 Sw 61st Terr | Single Family | 1,487 | B |
|
| 9848 Sw 61st Ct | Single Family | 1,762 | B |
|
| 9912 Sw 61st Ct | Single Family | 1,008 | B |
|
| 9898 Sw 61st Terr | Single Family | 984 | B |
|
| 9842 Sw 61st Terr | Single Family | 816 | B |
|
| 9829 Sw 61st Terr | Single Family | 1,487 | B |
|
| 9885 Sw 62nd Ave | Single Family | 1,320 | B |
|
| 9927 Sw 61st Terr | Single Family | 1,487 | B |
|
| 9881 Sw 61st Ct | Single Family | 1,320 | B |
|
| 9869 Sw 62nd Ave | Single Family | 1,487 | B |
|
| 9901 Sw 62nd Ave | Single Family | 1,510 | B |
|
| 9865 Sw 61st Ct | Single Family | 1,487 | B |
|
| 9897 Sw 61st Ct | Single Family | 1,320 | B |
|
| 9832 Sw 61st Ct | Single Family | 1,363 | B |
|
| 9928 Sw 61st Ct | Single Family | 1,239 | B |
|
| 9926 Sw 61st Terr | Single Family | 1,520 | B |
|
| 9828 Sw 61st Terr | Single Family | 1,320 | B |
|
| 9853 Sw 62nd Ave | Single Family | 1,008 | B |
|
| 9917 Sw 62nd Ave | Single Family | 1,008 | B |
|
| 9849 Sw 61st Ct | Single Family | 1,487 | B |
|
| 9913 Sw 61st Ct | Single Family | 1,320 | B |
|
| 9815 Sw 61st Terr | Single Family | 1,320 | B |
|
| 9941 Sw 61st Terr | Single Family | 1,487 | B |
|
| 9816 Sw 61st Ct | Single Family | 1,484 | B |
|
| 6078 Sw 98th Loop | Single Family | 1,865 | B |
|
| 9837 Sw 62nd Ave | Single Family | 1,320 | B |
|
| 9944 Sw 61st Ct | Single Family | 1,487 | B |
|
| 9933 Sw 62nd Ave | Single Family | 1,574 | B |
|
| 9833 Sw 61st Ct | Single Family | 1,414 | B |
|
| 6086 Sw 98th Loop | Single Family | 1,320 | B |
|
| 6070 Sw 98th Loop | Single Family | 1,320 | B |
|
| 9940 Sw 61st Terr | Single Family | 1,622 | B |
|
| 9814 Sw 61st Terr | Single Family | 1,363 | B |
|
| 9929 Sw 61st Ct | Single Family | 1,334 | B |
|
| 6094 Sw 98th Loop | Single Family | 1,320 | B |
|
| 6062 Sw 98th Loop | Single Family | 1,388 | B |
|
| 9884 Sw 62nd Ave | Single Family | 1,363 | B |
|
| 9821 Sw 62nd Ave | Single Family | 1,510 | B |
|
| 9868 Sw 62nd Ave | Single Family | 1,633 | B |
|
Local Household Income
The median household income in this part of Florida is $47,461. The bottom 10% of the population earn less than $17,218 per year. The top 10% earn more than $107,570 per year. The top 1% earn more than $332,268 per year. Most renters earn between $22,872 (20th percentile) and $40,056 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $94,922 and $118,653.
The tax assessed value of this property places it in percentile 45 of all properties in this area. This suggests it would appeal to someone earning around $43,418 per year who should qualify for a mortgage between $86,836 and $108,545.
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 $819. Most renters earn between $1,906 and $3,338 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $592 (20th percentile) to $1,056 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 45 of all properties in this area. This corresponds to a rent of $789 per month and a monthly household income of $2,559 ($30,708 per year)
Nearby Companies
9821 Sw 62nd Ave
9821 Sw 62nd Ave