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 
6344 Sw 61st Ct Single Family 1,183 B
6316 Sw 61st Ct Single Family 1,450 B
6323 Sw 62nd Ave Single Family 1,296 B
6343 Sw 62nd Ave Single Family 1,144 B
6317 Sw 62nd Ave Single Family 1,144 B
6364 Sw 61st Ct Single Family 1,008 B
6325 Sw 61st Ct Single Family 1,144 B
6345 Sw 61st Ct Single Family 1,320 B
6315 Sw 61st Ct Single Family 1,574 B
6363 Sw 62nd Ave Single Family 1,198 B
6365 Sw 61st Ct Single Family 1,689 B
6384 Sw 61st Ct Single Family 1,498 B
6173 Sw 63rd St Single Family 1,218 B
6143 Sw 63rd St Mobile Home 1,464 B
6183 Sw 63rd St Single Family 1,008 B
6383 Sw 62nd Ave Single Family 1,452 B
6137 Sw 63rd St Single Family 1,030 B
6385 Sw 61st Ct Single Family 1,008 B
6326 Sw 60th Ct Single Family 1,498 B
6322 Sw 62nd Ave Single Family 1,056 B
6195 Sw 63rd St Single Family 1,008 B
6346 Sw 60th Ct Single Family 1,470 B
6312 Sw 60th Ct Single Family 1,522 B
6342 Sw 62nd Ave Single Family 1,008 B
6318 Sw 62nd Ave Single Family 1,296 B
6416 Sw 61st Ct Single Family 1,450 B
6125 Sw 63rd St Single Family 1,008 B
6366 Sw 60th Ct Single Family 1,144 B
6362 Sw 62nd Ave Single Family 1,152 B
6417 Sw 62nd Ave Single Family 1,516 B
6415 Sw 61st Ct Single Family 1,144 B
6382 Sw 62nd Ave Single Family 1,304 B
6386 Sw 60th Ct Single Family 1,296 B
6081 Sw 63rd St Single Family 1,008 B
6424 Sw 61st Ct Single Family 1,450 B
6423 Sw 62nd Ave Single Family 1,008 B
6319 Sw 62nd Ct Single Family 2,309 B
6355 Sw 62nd Ct Single Family 1,166 B
6425 Sw 61st Ct Single Family 1,008 B
6418 Sw 62nd Ave Single Family 1,296 B
6412 Sw 60th Ct Single Family 1,296 B
6075 Sw 63rd St Single Family 1,296 B
6373 Sw 62nd Ct Single Family 1,219 B
6327 Sw 60th Ct Single Family 1,515 B
6347 Sw 60th Ct Single Family 1,008 B
6444 Sw 61st Ct Single Family 1,296 B
6311 Sw 60th Ct Single Family 1,450 B
6391 Sw 62nd Ct Single Family 1,477 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 31 of all properties in this area. This suggests it would appeal to someone earning around $33,695 per year who should qualify for a mortgage between $67,390 and $84,238.

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 31 of all properties in this area. This corresponds to a rent of $680 per month and a monthly household income of $2,280 ($27,360 per year)

Disclaimers and Disclosures

Public Records Data

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