8655 Sw 109th St, 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 | |
|---|---|---|---|---|
| 8670 Sw 108th Ln | Single Family | 1,288 | B |
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| 8665 Sw 109th St | Single Family | 822 | B |
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| 8674 Sw 108th Ln | Single Family | 1,432 | B |
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| 8654 Sw 109th St | Single Family | 824 | B |
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| 10891 Sw 86th Ct | Single Family | 960 | B |
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| 10869 Sw 86th Ct | Single Family | 1,252 | B |
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| 8673 Sw 109th St | Single Family | 1,224 | B |
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| 8666 Sw 109th St | Single Family | 1,086 | B |
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| 10899 Sw 86th Ct | Single Family | 1,224 | B |
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| 8686 Sw 108th Ln | Single Family | 1,432 | B |
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| 10849 Sw 86th Ct | Single Family | 1,158 | B |
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| 8669 Sw 108th Ln | Single Family | 1,212 | B |
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| 10888 Sw 86th Ave | Single Family | 816 | B |
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| 10916 Sw 86th Ter | Single Family | 960 | B |
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| 10911 Sw 86th Ct | Single Family | 1,140 | B |
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| 10866 Sw 86th Ave | Single Family | 1,224 | B |
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| 8678 Sw 109th St | Single Family | 1,032 | B |
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| 8675 Sw 108th Ln | Single Family | 1,224 | B |
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| 10892 Sw 86th Ave | Single Family | 1,288 | B |
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| 8689 Sw 109th St | Single Family | 1,718 | B |
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| 10852 Sw 86th Ave | Single Family | 960 | B |
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| 10924 Sw 86th Ter | Single Family | 1,252 | B |
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| 8653 Sw 108th Ln | Single Family | 1,264 | B |
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| 8687 Sw 108th Ln | Single Family | 960 | B |
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| 10898 Sw 86th Ave | Single Family | 702 | B |
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| 8704 Sw 108th Ln | Single Family | 960 | B |
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| 10915 Sw 86th Ct | Single Family | 960 | B |
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| 10842 Sw 86th Ter | Single Family | 1,404 | B |
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| 8688 Sw 109th St | Single Family | 1,288 | B |
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| 8715 Sw 109th St | Single Family | 1,224 | B |
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| 8703 Sw 108th Ln | Single Family | 992 | B |
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| 10912 Sw 86th Ave | Single Family | 702 | B |
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| 10928 Sw 86th Ter | Single Family | 1,288 | B |
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| 10833 Sw 86th Ter | Single Family | 1,620 | B |
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| 10834 Sw 86th Ave | Single Family | 1,168 | B |
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| 8720 Sw 108th Ln | Single Family | 960 | B |
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| 10917 Sw 86th Ct | Single Family | 1,528 | B |
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| 10917 Sw 86th Ter | Single Family | 1,288 | B |
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| 10834 Sw 86th Ter | Single Family | 1,764 | B |
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| 10887 Sw 86th Ave | Single Family | 1,248 | B |
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| 10865 Sw 86th Ave | Single Family | 1,288 | B |
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| 10891 Sw 86th Ave | Single Family | 702 | B |
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| 8755 Sw 108th Pl | Single Family | 1,432 | B |
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| 10851 Sw 86th Ave | Single Family | 810 | B |
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| 10914 Sw 86th Ave | Single Family | 824 | B |
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| 8716 Sw 109th St | Single Family | 1,086 | B |
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| 10899 Sw 86th Ave | Single Family | 1,400 | B |
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| 10931 Sw 86th Ter | Single Family | 960 | B |
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| 8725 Sw 109th St | Single Family | 1,224 | 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 38 of all properties in this area. This suggests it would appeal to someone earning around $38,755 per year who should qualify for a mortgage between $77,510 and $96,888.
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 38 of all properties in this area. This corresponds to a rent of $728 per month and a monthly household income of $2,399 ($28,788 per year)
Nearby Companies
8724 Sw 109th St