9903 Sw 62nd Terr, 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 | |
|---|---|---|---|---|
| 9919 Sw 62nd Terr | Single Family | 1,008 | B |
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| 9887 Sw 62nd Terr | Single Family | 1,487 | B |
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| 9900 Sw 62nd Ave | Single Family | 1,008 | B |
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| 9916 Sw 62nd Ave | Single Family | 1,320 | B |
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| 9884 Sw 62nd Ave | Single Family | 1,363 | B |
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| 9902 Sw 62nd Terr | Single Family | 1,114 | B |
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| 9871 Sw 62nd Terr | Single Family | 1,414 | B |
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| 9935 Sw 62nd Terr | Single Family | 1,487 | B |
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| 9886 Sw 62nd Terr | Single Family | 1,714 | B |
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| 9918 Sw 62nd Terr | Single Family | 1,494 | B |
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| 9932 Sw 62nd Ave | Single Family | 1,320 | B |
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| 9868 Sw 62nd Ave | Single Family | 1,633 | B |
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| 9934 Sw 62nd Terr | Single Family | 1,320 | B |
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| 9870 Sw 62nd Terr | Single Family | 1,520 | B |
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| 9855 Sw 62nd Terr | Single Family | 1,334 | B |
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| 9951 Sw 62nd Terr | Single Family | 1,500 | B |
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| 9901 Sw 62nd Ave | Single Family | 1,510 | B |
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| 9905 Sw 63rd Ct | Single Family | 1,526 | B |
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| 9948 Sw 62nd Ave | Single Family | 1,487 | B |
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| 9917 Sw 62nd Ave | Single Family | 1,008 | B |
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| 9852 Sw 62nd Ave | Single Family | 1,435 | B |
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| 9885 Sw 62nd Ave | Single Family | 1,320 | B |
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| 9921 Sw 63rd Ct | Single Family | 1,448 | B |
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| 9889 Sw 63rd Ct | Single Family | 1,793 | B |
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| 9950 Sw 62nd Terr | Single Family | 1,320 | B |
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| 9854 Sw 62nd Ter | Single Family | 1,320 | B |
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| 9933 Sw 62nd Ave | Single Family | 1,574 | B |
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| 9869 Sw 62nd Ave | Single Family | 1,487 | B |
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| 9937 Sw 63rd Ct | Single Family | 1,416 | B |
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| 9873 Sw 63rd Ct | Single Family | 1,569 | B |
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| 9967 Sw 62nd Terr | Single Family | 1,830 | B |
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| 9839 Sw 62nd Terr | Single Family | 1,487 | B |
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| 9964 Sw 62nd Ave | Single Family | 1,487 | B |
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| 9836 Sw 62nd Ave | Single Family | 1,320 | B |
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| 9884 Sw 61st Terr | Single Family | 1,487 | B |
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| 9949 Sw 62nd Ave | Single Family | 1,320 | B |
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| 9853 Sw 62nd Ave | Single Family | 1,008 | B |
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| 9953 Sw 63rd Ct | Single Family | 1,320 | B |
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| 9870 Sw 61st Ter | Single Family | 1,014 | B |
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| 9898 Sw 61st Terr | Single Family | 984 | B |
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| 9857 Sw 63rd Ct | Single Family | 1,487 | B |
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| 9966 Sw 62nd Terr | Single Family | 1,510 | B |
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| 9838 Sw 62nd Terr | Single Family | 1,714 | B |
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| 9856 Sw 61st Ter | Single Family | 1,008 | B |
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| 9926 Sw 61st Terr | Single Family | 1,520 | B |
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| 9904 Sw 63rd Ct | Single Family | 984 | B |
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| 9823 Sw 62nd Terr | Single Family | 1,867 | B |
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| 9965 Sw 62nd Ave | Single Family | 1,510 | B |
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| 9969 Sw 63rd Ct | Single Family | 1,487 | B |
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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 40 of all properties in this area. This suggests it would appeal to someone earning around $40,154 per year who should qualify for a mortgage between $80,308 and $100,385.
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 40 of all properties in this area. This corresponds to a rent of $748 per month and a monthly household income of $2,421 ($29,052 per year)
Nearby Companies
7190 Sw 62 Ave